Post Utme Aaua 2021 Economics Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 33 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when the current account is equal to the capital account. If the current account is ₦100 billion and the capital account is ₦150 billion, what is the balance of payments deficit?

Answer Options

A. ₦50 billion
Correct Answer B. ₦100 billion
C. ₦150 billion
D. ₦200 billion
Correct Answer
B
Correct Option:
₦100 billion

About This Question

This is Post Utme Aaua 2021 Economics Question 33. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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