Post Utme Ksu 2017 Economics Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 18 POST_UTME_KSU • 2017 • ECONOMICS • objective

A country's balance of payments is given by the equation \( BOP = 100 - 2X + 3M \). If the country's imports are ₦500 and its exports are ₦200, find the country's balance of payments.

Answer Options

A. ₦100
Correct Answer B. ₦200
C. ₦300
D. ₦400
Correct Answer
B
Correct Option:
₦200

About This Question

This is Post Utme Ksu 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Ksu 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