Post Utme Lasu 2021 Economics Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Lasu Economics examination.

Post Utme Lasu 2021 Economics Objective / Multiple Choice
Question 30 POST_UTME_LASU • 2021 • ECONOMICS • objective

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

Answer Options

Correct Answer A. $250 million
B. $150 million
C. $100 million
D. $50 million
Correct Answer
A
Correct Option:
$250 million

About This Question

This is Post Utme Lasu 2021 Economics Question 30. It is one of the objective questions from the 2021 Post Utme Lasu Economics examination.

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