Post Utme Al Hikmah University 2021 Economics Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2021 Economics Objective / Multiple Choice
Question 7 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when the current account is equal to the capital account. If the current account is in deficit, what is the likely outcome for the exchange rate?

Answer Options

A. Appreciation
Correct Answer B. Depreciation
C. Stability
D. Inflation
Correct Answer
B
Correct Option:
Depreciation

About This Question

This is Post Utme Al Hikmah University 2021 Economics Question 7. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.

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