Post Utme Covenant University 2022 Economics Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2022 Economics Objective / Multiple Choice
Question 7 POST_UTME_COVENANT_UNIVERSITY • 2022 • 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 growth rate of per capita GDP?

Answer Options

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

About This Question

This is Post Utme Covenant University 2022 Economics Question 7. It is one of the objective questions from the 2022 Post Utme Covenant University Economics examination.

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