Post Utme Al Hikmah University 2018 Economics Question 41

Practice objective / multiple choice question 41 from the 2018 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2018 Economics Objective / Multiple Choice
Question 41 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ECONOMICS • objective

A country has a fiscal policy of increa\sing government sp\ending by 10% per annum. If the initial government sp\ending is 50 billion, what is the government sp\ending after 5 years?

Answer Options

A. 55 billion
B. 60 billion
C. 65 billion
Correct Answer D. 70 billion
Correct Answer
D
Correct Option:
70 billion

About This Question

This is Post Utme Al Hikmah University 2018 Economics Question 41. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Economics examination.

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