Post Utme Rhema University 2017 Economics Question 39

Practice objective / multiple choice question 39 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 39 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M + \( GNP - C \). If the value of X is ₦100 billion, the value of M is ₦80 billion, and the value of GNP is ₦120 billion, what is the value of the balance of payments?

Answer Options

A. ₦20 billion
B. ₦30 billion
Correct Answer C. ₦40 billion
D. ₦50 billion
Correct Answer
C
Correct Option:
₦40 billion

About This Question

This is Post Utme Rhema University 2017 Economics Question 39. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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