Post Utme Bowen University 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_BOWEN_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by BOP = 100 + 0.5X - 0.2M. If the country's current BOP is ₦5000 and the current values of X and M are ₦2000 and ₦1000, respectively, what is the country's current value of X?

Answer Options

A. ₦3000
Correct Answer B. ₦3500
C. ₦4000
D. ₦4500
Correct Answer
B
Correct Option:
₦3500

About This Question

This is Post Utme Bowen University 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Bowen University Economics examination.

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