Post Utme Caleb University 2025 Economics Question 36

Practice objective / multiple choice question 36 from the 2025 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2025 Economics Objective / Multiple Choice
Question 36 POST_UTME_CALEB_UNIVERSITY • 2025 • ECONOMICS • objective

A country's GDP grows at an annual rate of 5% while its population grows at an annual rate of 2.5%. Assuming the initial GDP per capita is ₦100,000, what is the GDP per capita after 5 years?

Answer Options

A. ₦125,937
B. ₦126,250
Correct Answer C. ₦127,563
D. ₦128,875
Correct Answer
C
Correct Option:
₦127,563

About This Question

This is Post Utme Caleb University 2025 Economics Question 36. It is one of the objective questions from the 2025 Post Utme Caleb University Economics examination.

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