Waec Model Questions Vol1 2022 Economics Question 9
Practice objective / multiple choice question 9 from the 2022 Waec Model Questions Vol1 Economics examination.
Country X's real GDP rose from ₦2.5 trillion in 2015 to ₦3.2 trillion in 2020. Its population grew from 150 million to 170 million over the same period. (a) Calculate the average annual real GDP growth rate (compound) for the five‑year period. (b) Calculate the average annual per‑capita real GDP growth rate. (c) The government's development target is a per‑capita growth of 3 % per year. Did the country meet this target?
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About This Question
This is Waec Model Questions Vol1 2022 Economics Question 9. It is one of the objective questions from the 2022 Waec Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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