Post Utme Redeemers University 2024 Economics Question 23

Practice objective / multiple choice question 23 from the 2024 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2024 Economics Objective / Multiple Choice
Question 23 POST_UTME_REDEEMERS_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when the current account is equal to the capital account. If the current account is -$100 million and the capital account is $50 million, what is the net capital outflow?

Answer Options

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

About This Question

This is Post Utme Redeemers University 2024 Economics Question 23. It is one of the objective questions from the 2024 Post Utme Redeemers University Economics examination.

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