Post Utme Bsu 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Bsu Economics examination.

Post Utme Bsu 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_BSU • 2024 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = \( X - M \) + \( F - I \) + \( S - T \). If the country's current account balance is ₦100, the capital account balance is ₦200, and the government's budget deficit is ₦300, what is the country's overall balance of payments?

Answer Options

A. ₦500
Correct Answer B. ₦600
C. ₦700
D. ₦800
Correct Answer
B
Correct Option:
₦600

About This Question

This is Post Utme Bsu 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Bsu Economics examination.

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