Post Utme Ui 2021 Economics Question 38

Practice objective / multiple choice question 38 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 38 POST_UTME_UI • 2021 • ECONOMICS • objective

A country has a trade deficit of $100 million and a GDP of $500 billion. If the country's exchange rate is 1 USD = 100 Naira, what is the percentage change in the value of the Naira?

Answer Options

A. 0.02%
B. 0.05%
C. 0.1%
Correct Answer D. 0.2%
Correct Answer
D
Correct Option:
0.2%

About This Question

This is Post Utme Ui 2021 Economics Question 38. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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