Post Utme Esut 2021 Economics Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Esut Economics examination.

Post Utme Esut 2021 Economics Objective / Multiple Choice
Question 8 POST_UTME_ESUT • 2021 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \). If the country's exports are $100 billion, imports are $80 billion, and the current account deficit is $20 billion, what is the value of the capital account?

Answer Options

A. $20 billion
B. $30 billion
Correct Answer C. $40 billion
D. $50 billion
Correct Answer
C
Correct Option:
$40 billion

About This Question

This is Post Utme Esut 2021 Economics Question 8. It is one of the objective questions from the 2021 Post Utme Esut Economics examination.

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