Post Utme Uniben 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Uniben Economics examination.

Post Utme Uniben 2017 Economics Objective / Multiple Choice
Question 35 POST_UTME_UNIBEN • 2017 • ECONOMICS • objective

A country's GDP is 100 billion naira. If the country's inflation rate is 5% per annum, what is the country's nominal GDP?

Answer Options

A. 105 billion naira
Correct Answer B. 110 billion naira
C. 115 billion naira
D. 120 billion naira
Correct Answer
B
Correct Option:
110 billion naira

About This Question

This is Post Utme Uniben 2017 Economics Question 35. It is one of the objective questions from the 2017 Post Utme Uniben Economics examination.

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