Post Utme Wellspring University 2017 Economics Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2017 Economics Objective / Multiple Choice
Question 18 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \), where C is consumption, I is investment, G is government sp\ending, X is exports, and M is imports. If the country's current GDP is 100 billion, and the values of C, I, G, X, and M are 60, 20, 10, 15, and 5 respectively, what is the value of the country's net exports \( X - M \)?

Answer Options

A. 5
B. 10
Correct Answer C. 15
D. 20
Correct Answer
C
Correct Option:
15

About This Question

This is Post Utme Wellspring University 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.

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