Post Utme Aaua 2017 Economics Question 15

Practice objective / multiple choice question 15 from the 2017 Post Utme Aaua Economics examination.

Post Utme Aaua 2017 Economics Objective / Multiple Choice
Question 15 POST_UTME_AAUA • 2017 • ECONOMICS • objective

A country experiences a 10% increase in the price level, and its nominal GDP increases by 5%. What is the percentage change in real GDP?

Answer Options

A. 5%
Correct Answer B. 10%
C. 15%
D. 20%
Correct Answer
B
Correct Option:
10%

About This Question

This is Post Utme Aaua 2017 Economics Question 15. It is one of the objective questions from the 2017 Post Utme Aaua Economics examination.

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