Post Utme Al Hikmah University 2021 Economics Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2021 Economics Objective / Multiple Choice
Question 15 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ECONOMICS • objective

A country is experiencing inflation at a rate of 10% per annum. If the current price level is ₦100, what will be the price level after one year?

Answer Options

A. ₦110
Correct Answer B. ₦120
C. ₦130
D. ₦140
Correct Answer
B
Correct Option:
₦120

About This Question

This is Post Utme Al Hikmah University 2021 Economics Question 15. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.

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