Post Utme Wellspring University 2023 Economics Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2023 Economics Objective / Multiple Choice
Question 28 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ECONOMICS • objective

A country's GDP is given by the equation Y = 1000 + 2C + 3I, where Y is the GDP, C is the consumption, and I is the investment. If the consumption is ₦5,000 and the investment is ₦8,000, what is the GDP?

Answer Options

A. ₦21,000
B. ₦23,000
C. ₦25,000
D. ₦27,000
Correct Answer
N/A

About This Question

This is Post Utme Wellspring University 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Wellspring University Economics examination.

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