Post Utme Oau 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Oau Economics examination.

Post Utme Oau 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_OAU • 2021 • 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 Oau 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Oau Economics examination.

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