Post Utme Bowen University 2017 Economics Question 30

Practice objective / multiple choice question 30 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 30 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦50 billion. If the country's foreign exchange reserves are ₦100 billion, what is the percentage change in the reserves?

Answer Options

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

About This Question

This is Post Utme Bowen University 2017 Economics Question 30. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.

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