Post Utme Bells University 2024 Economics Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Bells University Economics examination.

Post Utme Bells University 2024 Economics Objective / Multiple Choice
Question 3 POST_UTME_BELLS_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP grows at a rate of 5% per annum, while its population grows at a rate of 2% per annum. What is the rate of growth of per capita income?

Answer Options

Correct Answer A. 3%
B. 4%
C. 5%
D. 6%
Correct Answer
A
Correct Option:
3%

About This Question

This is Post Utme Bells University 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Bells University Economics examination.

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