Post Utme Futo 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Futo Economics examination.

Post Utme Futo 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_FUTO • 2020 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when the current account is equal to the capital account. If the current account is -₦100 billion and the capital account is ₦150 billion, what is the net capital outflow?

Answer Options

A. ₦250 billion
B. ₦200 billion
Correct Answer C. ₦150 billion
D. ₦100 billion
Correct Answer
C
Correct Option:
₦150 billion

About This Question

This is Post Utme Futo 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Futo Economics examination.

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