Post Utme Ims U 2018 Economics Question 20
Practice objective / multiple choice question 20 from the 2018 Post Utme Ims U Economics examination.
A country's inflation rate can be calculated u\sing the formula \( pi = \frac{P_t - P_{t-1}}{P_{t-1}} \). If the current price index is 120 and the previous price index was 100, what is the inflation rate?
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About This Question
This is Post Utme Ims U 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Ims U Economics examination.
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