Post Utme Wellspring University 2025 Economics Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP is given by the equation: GDP = C + I + G + \( X - M \). If the country's consumption is ₦500 billion, investment is ₦200 billion, government sp\ending is ₦300 billion, exports are ₦400 billion, and imports are ₦200 billion, calculate the country's GDP.

Answer Options

A. ₦1.5 trillion
B. ₦1.8 trillion
Correct Answer C. ₦2.0 trillion
D. ₦2.2 trillion
Correct Answer
C
Correct Option:
₦2.0 trillion

About This Question

This is Post Utme Wellspring University 2025 Economics Question 25. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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