Post Utme Ui 2021 Economics Question 40

Practice objective / multiple choice question 40 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 40 POST_UTME_UI • 2021 • ECONOMICS • objective

A country has a GDP of $500 billion and a population of 100 million. If the country's inflation rate is 5% and the average price level is $100, what is the percentage change in the real GDP?

Answer Options

Correct Answer A. 0.05%
B. 0.1%
C. 0.5%
D. 1%
Correct Answer
A
Correct Option:
0.05%

About This Question

This is Post Utme Ui 2021 Economics Question 40. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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