Post Utme Unn 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Unn Economics examination.

Post Utme Unn 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNN • 2020 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \), where X is exports, M is imports, I is investment, and S is savings. If the country's exports are ₦100 billion, imports are ₦80 billion, investment is ₦50 billion, and savings are ₦30 billion, what is the country's balance of payments?

Answer Options

A. ₦20 billion
B. ₦30 billion
Correct Answer C. ₦40 billion
D. ₦50 billion
Correct Answer
C
Correct Option:
₦40 billion

About This Question

This is Post Utme Unn 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Unn Economics examination.

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