Post Utme Unilorin 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNILORIN • 2024 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account

Answer Options

Correct Answer A. true
B. false
C. only when the exchange rate is fixed
D. only when the exchange rate is floating
Correct Answer
A
Correct Option:
true

About This Question

This is Post Utme Unilorin 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Unilorin Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support