Post Utme Christopher University 2021 Economics Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2021 Economics Objective / Multiple Choice
Question 20 POST_UTME_CHRISTOPHER_UNIVERSITY • 2021 • ECONOMICS • objective

A country's inflation rate is 10% per annum. If the current price level is ₦100, what is the implied 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 Christopher University 2021 Economics Question 20. It is one of the objective questions from the 2021 Post Utme Christopher University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support