Post Utme Afe Babalola University 2018 Economics Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2018 Economics Objective / Multiple Choice
Question 25 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2018 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Afe Babalola University 2018 Economics Question 25. It is one of the objective questions from the 2018 Post Utme Afe Babalola University Economics examination.

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