Post Utme Uniben 2021 Economics Question 29
Practice objective / multiple choice question 29 from the 2021 Post Utme Uniben Economics examination.
A country's balance of payments is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the value of exports is given by the equation X = 100 + 2Y, where Y is the value of GDP, and the value of imports is given by the equation M = 50 + Y, find the balance of payments when Y = ₦100.
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About This Question
This is Post Utme Uniben 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.
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