Post Utme Achievers University 2024 Economics Question 35

Practice objective / multiple choice question 35 from the 2024 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2024 Economics Objective / Multiple Choice
Question 35 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ECONOMICS • objective

A country has a budget deficit of ₦500 billion and a GDP of ₦5 trillion. If the exchange rate is 1 USD = 400 NGN, what is the budget deficit in USD?

Answer Options

A. 1.25 billion USD
B. 2.5 billion USD
Correct Answer C. 3.75 billion USD
D. 5 billion USD
Correct Answer
C
Correct Option:
3.75 billion USD

About This Question

This is Post Utme Achievers University 2024 Economics Question 35. It is one of the objective questions from the 2024 Post Utme Achievers University Economics examination.

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