Post Utme Madonna University 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 24 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a country with a balance of payments deficit of ₦500 billion. If the country's foreign exchange reserves are ₦2 trillion, what is the percentage change in the value of the country's currency?

Answer Options

Correct Answer A. -10%
B. -5%
C. 0%
D. +5%
Correct Answer
A
Correct Option:
-10%

About This Question

This is Post Utme Madonna University 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Madonna 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