Post Utme Rhema University 2018 Economics Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2018 Economics Objective / Multiple Choice
Question 2 POST_UTME_RHEMA_UNIVERSITY • 2018 • 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. 105
Correct Answer B. 110
C. 115
D. 120
Correct Answer
B
Correct Option:
110

About This Question

This is Post Utme Rhema University 2018 Economics Question 2. It is one of the objective questions from the 2018 Post Utme Rhema University Economics examination.

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