Post Utme Afe Babalola University 2023 Economics Question 20

Practice objective / multiple choice question 20 from the 2023 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2023 Economics Objective / Multiple Choice
Question 20 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2023 • ECONOMICS • objective

A government wants to increase its GDP by 10% within the next 5 years. If the current GDP is ₦5 trillion, calculate the required annual growth rate.

Answer Options

A. 2%
Correct Answer B. 3%
C. 4%
D. 5%
Correct Answer
B
Correct Option:
3%

About This Question

This is Post Utme Afe Babalola University 2023 Economics Question 20. It is one of the objective questions from the 2023 Post Utme Afe Babalola University Economics examination.

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