Post Utme Mountain Top University 2022 Economics Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2022 Economics Objective / Multiple Choice
Question 27 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments is given by BOP = 100 + 20X - 10Y, where X and Y are the values of exports and imports respectively. If the country's balance of payments is ₦500 and the value of exports is ₦200, what is the value of imports?

Answer Options

A. ₦300
Correct Answer B. ₦400
C. ₦500
D. ₦600
Correct Answer
B
Correct Option:
₦400

About This Question

This is Post Utme Mountain Top University 2022 Economics Question 27. It is one of the objective questions from the 2022 Post Utme Mountain Top University Economics examination.

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