Post Utme Elizade University 2024 Economics Question 13

Practice objective / multiple choice question 13 from the 2024 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2024 Economics Objective / Multiple Choice
Question 13 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when its current account is equal to its capital account. If the current account is $100 billion and the capital account is $50 billion, what is the balance of payments deficit?

Answer Options

Correct Answer A. -50
B. -100
C. -150
D. -200
Correct Answer
A
Correct Option:
-50

About This Question

This is Post Utme Elizade University 2024 Economics Question 13. It is one of the objective questions from the 2024 Post Utme Elizade University Economics examination.

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