Post Utme Crawford University 2024 Economics Question 21

Practice objective / multiple choice question 21 from the 2024 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2024 Economics Objective / Multiple Choice
Question 21 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP grows at an annual rate of 5% while its population increases at a rate of 2.5%. What is the rate of growth of per capita GDP?

Answer Options

Correct Answer A. 3.5%
B. 2%
C. 4%
D. 6%
Correct Answer
A
Correct Option:
3.5%

About This Question

This is Post Utme Crawford University 2024 Economics Question 21. It is one of the objective questions from the 2024 Post Utme Crawford University Economics examination.

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