Post Utme Babcock University 2025 Economics Question 2

Practice objective / multiple choice question 2 from the 2025 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2025 Economics Objective / Multiple Choice
Question 2 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account and capital account are equal. If the current account is a deficit of ₦100 billion and the capital account is a surplus of ₦150 billion, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Babcock University 2025 Economics Question 2. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.

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