Post Utme Mountain Top University 2022 Economics Question 10
Practice objective / multiple choice question 10 from the 2022 Post Utme Mountain Top University Economics examination.
A country's inflation rate is given by the following equation: inflation rate = \( P - P0 \) / P0. If the current price level (P) is ₦100 and the previous price level (P0) is ₦80, what is the inflation rate?
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About This Question
This is Post Utme Mountain Top University 2022 Economics Question 10. It is one of the objective questions from the 2022 Post Utme Mountain Top University Economics examination.
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