Post Utme Babcock University 2022 Economics Question 24

Practice objective / multiple choice question 24 from the 2022 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2022 Economics Objective / Multiple Choice
Question 24 POST_UTME_BABCOCK_UNIVERSITY • 2022 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the price of a commodity is ₦100 today, what will be the price of the commodity after 2 years?

Answer Options

Correct Answer A. ₦121
B. ₦110
C. ₦105
D. ₦100
Correct Answer
A
Correct Option:
₦121

About This Question

This is Post Utme Babcock University 2022 Economics Question 24. It is one of the objective questions from the 2022 Post Utme Babcock University Economics examination.

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