Post Utme Summit University 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Summit University Economics examination.

Post Utme Summit University 2023 Economics Objective / Multiple Choice
Question 10 POST_UTME_SUMMIT_UNIVERSITY • 2023 • ECONOMICS • objective

A country's economic growth rate is 5% per annum. If the country's GDP is ₦100 billion, what is the increase in GDP after 5 years?

Answer Options

A. ₦5 billion
B. ₦10 billion
C. ₦15 billion
Correct Answer D. ₦20 billion
Correct Answer
D
Correct Option:
₦20 billion

About This Question

This is Post Utme Summit University 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Summit University Economics examination.

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