Post Utme Lead City University 2025 Economics Question 14

Practice objective / multiple choice question 14 from the 2025 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2025 Economics Objective / Multiple Choice
Question 14 POST_UTME_LEAD_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the current price level is ₦100, what will be the price level after 2 years?

Answer Options

A. ₦110
B. ₦120
Correct Answer C. ₦130
D. ₦140
Correct Answer
C
Correct Option:
₦130

About This Question

This is Post Utme Lead City University 2025 Economics Question 14. It is one of the objective questions from the 2025 Post Utme Lead City University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support