Post Utme Eksu 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Eksu Economics examination.

Post Utme Eksu 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_EKSU • 2023 • ECONOMICS • objective

A country has a trade deficit of $100 million and a GDP of $500 billion. If the country's exchange rate is 1 USD = 100 Naira, what is the country's inflation rate?

Answer Options

A. 2%
B. 5%
Correct Answer C. 10%
D. 15%
Correct Answer
C
Correct Option:
10%

About This Question

This is Post Utme Eksu 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Eksu Economics examination.

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