Post Utme Aaua 2025 Economics Question 25

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

Post Utme Aaua 2025 Economics Objective / Multiple Choice
Question 25 POST_UTME_AAUA • 2025 • ECONOMICS • objective

Suppose a country's export function is given by X = 100 + 2Y, where X is the quantity exported and Y is the quantity imported. If the country's import function is given by Y = 50 + P, where P is the price, what is the balance of payments?

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

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

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