Utme 2020 Economics Question 31

Practice objective / multiple choice question 31 from the 2020 Utme Economics examination. This question covers Economics .

Utme 2020 Economics Objective / Multiple Choice 2 Difficulty

Topic: Economics

Question 31 UTME • 2020 • ECONOMICS • objective

If C stands for consumption expenditure, I for investment, X for export and M for imports, then national income is

Correct Answer A. C+I+X-M

B. C+I+X+M

C. I+X+M

D. C+I+X

Correct Answer

Correct Option:

C+I+X-M

This is Utme 2020 Economics Question 31. It is one of the objective questions from the 2020 Utme Economics examination.

The question covers Economics .

Difficulty level: 2 .

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