Waec Model Questions Vol1 2018 Economics Question 1

Practice objective / multiple choice question 1 from the 2018 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2018 Economics Objective / Multiple Choice Hard Difficulty
Question 1 WAEC_MODEL_QUESTIONS_VOL1 • 2018 • ECONOMICS • objective

A country's population was 150 million at the start of 2010. From 2010 to 2015 the annual natural increase (births minus deaths) rate was 2.4% and net migration added 0.3% per year. From 2015 to 2020 the natural increase fell to 1.6% and net migration became a loss of 0.2% per year. (a) Calculate the population at the end of 2020 (rounded to two decimal places). (b) The government now wishes the population to reach exactly 200 million by the end of 2025 by maintaining a uniform annual growth rate from 2020 onward. What constant annual growth rate (in % per year, to two decimal places) is required?

Answer Options

A. (a) 185.23 million; (b) 1.65%
B. (a) 183.71 million; (b) 1.85%
C. (a) 180.90 million; (b) 1.78%
Correct Answer D. (a) 183.71 million; (b) 1.71%
Correct Answer
D
Correct Option:
(a) 183.71 million; (b) 1.71%

About This Question

This is Waec Model Questions Vol1 2018 Economics Question 1. It is one of the objective questions from the 2018 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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