Waec Model Questions Vol1 2021 Economics Question 23

Practice objective / multiple choice question 23 from the 2021 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2021 Economics Objective / Multiple Choice Hard Difficulty
Question 23 WAEC_MODEL_QUESTIONS_VOL1 • 2021 • ECONOMICS • objective

A country's population was 10,000,000 in 2020. It grew at an annual compound rate of 2.5 % for the next five years, then at 1.8 % for the following three years, and finally fell by 0.5 % in the ninth year. Calculate the population at the end of 2029, the average annual growth rate over the whole nine‑year period, and state whether the average growth met a target of 2 % per annum.

Answer Options

Correct Answer A. Population end‑2029 ≈ 11,876,427; Average annual growth ≈ 1.93 %; Target of 2 % not met
B. Population end‑2029 ≈ 12,050,000; Average annual growth ≈ 2.05 %; Target of 2 % met
C. Population end‑2029 ≈ 11,900,000; Average annual growth ≈ 1.90 %; Target of 2 % not met
D. Population end‑2029 ≈ 11,750,000; Average annual growth ≈ 1.85 %; Target of 2 % not met
Correct Answer
A
Correct Option:
Population end‑2029 ≈ 11,876,427; Average annual growth ≈ 1.93 %; Target of 2 % not met

About This Question

This is Waec Model Questions Vol1 2021 Economics Question 23. It is one of the objective questions from the 2021 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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