Post Utme Ui 2020 Economics Question 25

Practice objective / multiple choice question 25 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 25 POST_UTME_UI • 2020 • ECONOMICS • objective

A country's economic growth rate is measured by the rate of change of its real GDP. If the country's real GDP grows at a rate of 4% per annum, what will be the rate of change of its nominal GDP?

Answer Options

A. 4%
Correct Answer B. 8%
C. 12%
D. 16%
Correct Answer
B
Correct Option:
8%

About This Question

This is Post Utme Ui 2020 Economics Question 25. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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