Post Utme Greenfield University 2017 Economics Question 24

Practice objective / multiple choice question 24 from the 2017 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2017 Economics Objective / Multiple Choice
Question 24 POST_UTME_GREENFIELD_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion, a current account deficit of ₦50 billion, and a capital account surplus of ₦30 billion. What is the overall balance of payments deficit?

Answer Options

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

About This Question

This is Post Utme Greenfield University 2017 Economics Question 24. It is one of the objective questions from the 2017 Post Utme Greenfield University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support