Post Utme Uniport 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Uniport Economics examination.

Post Utme Uniport 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_UNIPORT • 2020 • ECONOMICS • objective

A country's balance of payments is given by BOP = 100 + 2X - 50M. If the exchange rate is ₦50 per unit, find the equilibrium exchange rate.

Answer Options

A. ₦50
Correct Answer B. ₦75
C. ₦100
D. ₦200
Correct Answer
B
Correct Option:
₦75

About This Question

This is Post Utme Uniport 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.

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