Post Utme Aaua 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the price level is ₦100, what is the new price level after one year?

Answer Options

A. ₦105
B. ₦110
Correct Answer C. ₦115
D. ₦120
Correct Answer
C
Correct Option:
₦115

About This Question

This is Post Utme Aaua 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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