Post Utme Delsu 2023 Economics Question 30

Practice objective / multiple choice question 30 from the 2023 Post Utme Delsu Economics examination.

Post Utme Delsu 2023 Economics Objective / Multiple Choice
Question 30 POST_UTME_DELSU • 2023 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's balance of payments is a surplus of ₦500 billion, exports are ₦2 trillion, imports are ₦1.5 trillion, foreign investment is ₦1 trillion, and domestic investment is ₦500 billion, what is the value of F?

Answer Options

A. ₦1.5 trillion
B. ₦1.6 trillion
Correct Answer C. ₦1.7 trillion
D. ₦1.8 trillion
Correct Answer
C
Correct Option:
₦1.7 trillion

About This Question

This is Post Utme Delsu 2023 Economics Question 30. It is one of the objective questions from the 2023 Post Utme Delsu Economics examination.

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