Post Utme Elizade University 2024 Economics Question 17

Practice objective / multiple choice question 17 from the 2024 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2024 Economics Objective / Multiple Choice

Question 17 POST_UTME_ELIZADE_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments (BOP) is in equilibrium when the current account (CA) and the capital account (KA) are balanced. If the CA is in surplus, what is the likely outcome for the KA?

Answer Options

A. The KA will be in surplus.

Correct Answer B. The KA will be in deficit.

C. The KA will be balanced.

D. The KA will be zero.

Correct Answer

Correct Option:

The KA will be in deficit.

About This Question

This is Post Utme Elizade University 2024 Economics Question 17. It is one of the objective questions from the 2024 Post Utme Elizade University Economics examination.

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