Post Utme Coal City University 2025 Economics Question 33
Practice objective / multiple choice question 33 from the 2025 Post Utme Coal City University Economics examination.
A country's inflation rate is given by the following equation: inflation rate = \( P2 - P1 \) / P1, where P1 is the previous year's price level and P2 is the current year's price level. If the price level increases from ₦100 to ₦120, what is the inflation rate?
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About This Question
This is Post Utme Coal City University 2025 Economics Question 33. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.
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