Post Utme Nile University 2019 Economics Question 38

Practice objective / multiple choice question 38 from the 2019 Post Utme Nile University Economics examination.

Post Utme Nile University 2019 Economics Objective / Multiple Choice
Question 38 POST_UTME_NILE_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments is given by the following equations: X = 100 + 2Y, M = 50 + Y, and BOP = X - M. Find the country's balance of payments when Y = ₦50.

Answer Options

A. ₦0
Correct Answer B. ₦10
C. ₦20
D. ₦30
Correct Answer
B
Correct Option:
₦10

About This Question

This is Post Utme Nile University 2019 Economics Question 38. It is one of the objective questions from the 2019 Post Utme Nile University Economics examination.

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