Post Utme Mountain Top University 2017 Economics Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2017 Economics Objective / Multiple Choice
Question 18 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2017 • ECONOMICS • objective

A government is planning to implement a five-year development plan to achieve a 10% annual growth rate in GDP. If the initial GDP is ₦1,000 billion, what will be the GDP after five years?

Answer Options

A. ₦2,593.02 billion
Correct Answer B. ₦2,718.28 billion
C. ₦2,828.57 billion
D. ₦3,000 billion
Correct Answer
B
Correct Option:
₦2,718.28 billion

About This Question

This is Post Utme Mountain Top University 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Mountain Top University Economics examination.

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