Post Utme Abu 2018 Economics Question 39
Practice objective / multiple choice question 39 from the 2018 Post Utme Abu Economics examination.
A government is considering a policy to reduce the poverty rate by increa\sing the minimum wage. The current minimum wage is ₦50,000 per month and the government wants to increase it by 10% every year for the next 5 years. If the current poverty rate is 20%, what will be the poverty rate after 5 years?
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About This Question
This is Post Utme Abu 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.
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