Post Utme Wellspring University 2023 Economics Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2023 Economics Objective / Multiple Choice
Question 35 POST_UTME_WELLSPRING_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. If the current account is $100 million and the capital account is $80 million, what is the net capital outflow?

Answer Options

Correct Answer A. $20 million
B. $30 million
C. $40 million
D. $50 million
Correct Answer
A
Correct Option:
$20 million

About This Question

This is Post Utme Wellspring University 2023 Economics Question 35. It is one of the objective questions from the 2023 Post Utme Wellspring University Economics examination.

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