Post Utme Babcock University 2018 Economics Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2018 Economics Objective / Multiple Choice
Question 36 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. If the current account is ₦ 100 billion and the capital account is ₦ 80 billion, what is the net error of the balance of payments?

Answer Options

Correct Answer A. ₦ 20 billion
B. ₦ 10 billion
C. ₦ 5 billion
D. ₦ 0 billion
Correct Answer
A
Correct Option:
₦ 20 billion

About This Question

This is Post Utme Babcock University 2018 Economics Question 36. It is one of the objective questions from the 2018 Post Utme Babcock University Economics examination.

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