Post Utme Coal City University 2020 Economics Question 38

Practice objective / multiple choice question 38 from the 2020 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2020 Economics Objective / Multiple Choice
Question 38 POST_UTME_COAL_CITY_UNIVERSITY • 2020 • ECONOMICS • objective

The government of a country has a fiscal policy of increa\sing the government exp\enditure by 15% per annum. If the initial government exp\enditure is ₦50 billion, find the government exp\enditure after 3 years.

Answer Options

A. ₦64.93 billion
B. ₦65.93 billion
Correct Answer C. ₦66.93 billion
D. ₦67.93 billion
Correct Answer
C
Correct Option:
₦66.93 billion

About This Question

This is Post Utme Coal City University 2020 Economics Question 38. It is one of the objective questions from the 2020 Post Utme Coal City University Economics examination.

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