Post Utme Redeemers University 2023 Economics Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice

Question 7 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments (BOP) is in equilibrium when the current account (CA) is equal to the capital account (KA). If the CA is ₦100 billion and the KA is ₦50 billion, what is the value of the BOP?

Answer Options

Correct Answer A. ₦50 billion

B. ₦100 billion

C. ₦150 billion

D. ₦200 billion

Correct Answer

Correct Option:

₦50 billion

About This Question

This is Post Utme Redeemers University 2023 Economics Question 7. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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