Post Utme Afe Babalola University 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is in surplus by ₦100 billion and the capital account is in deficit by ₦50 billion. What is the net capital outflow?

Answer Options

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

About This Question

This is Post Utme Afe Babalola University 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Afe Babalola University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support