Post Utme Afe Babalola University 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2020 Economics Objective / Multiple Choice
Question 19 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments is in equilibrium when its current account is equal to its capital account. If a country's current account is a deficit of ₦10 billion, and its capital account is a surplus of ₦20 billion, what is the value of the net capital inflow?

Answer Options

A. ₦10 billion
Correct Answer B. ₦20 billion
C. ₦30 billion
D. ₦40 billion
Correct Answer
B
Correct Option:
₦20 billion

About This Question

This is Post Utme Afe Babalola University 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Afe Babalola University Economics examination.

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