Post Utme Afe Babalola University 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \). If the country's exports (X) are $100, imports (M) are $80, and the difference between investment (I) and saving (S) is $20, what is the balance of payments?

Answer Options

Correct Answer A. $20
B. $30
C. $40
D. $50
Correct Answer
A
Correct Option:
$20

About This Question

This is Post Utme Afe Babalola University 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Afe Babalola University Economics examination.

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