Post Utme Summit University 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Summit University Economics examination.

Post Utme Summit University 2022 Economics Objective / Multiple Choice
Question 19 POST_UTME_SUMMIT_UNIVERSITY • 2022 • ECONOMICS • objective

The government of Nigeria wants to increase its revenue by 20% within the next 2 years. If the current revenue is ₦100 billion, what is the required annual increase rate?

Answer Options

A. 10%
B. 15%
Correct Answer C. 20%
D. 25%
Correct Answer
C
Correct Option:
20%

About This Question

This is Post Utme Summit University 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Summit University Economics examination.

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