Post Utme Uniosun 2020 Economics Question 19

Practice objective / multiple choice question 19 from the 2020 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2020 Economics Objective / Multiple Choice
Question 19 POST_UTME_UNIOSUN • 2020 • ECONOMICS • objective

A country's balance of payments (BOP) is in equilibrium when the current account (CA) is equal to the capital account (KA). If the CA is ₦500 billion and the KA is ₦300 billion, what is the net capital outflow?

Answer Options

A. ₦100 billion
B. ₦200 billion
C. ₦300 billion
Correct Answer D. ₦400 billion
Correct Answer
D
Correct Option:
₦400 billion

About This Question

This is Post Utme Uniosun 2020 Economics Question 19. It is one of the objective questions from the 2020 Post Utme Uniosun Economics examination.

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