Post Utme Unilag 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Unilag Economics examination.

Post Utme Unilag 2017 Economics Objective / Multiple Choice
Question 25 POST_UTME_UNILAG • 2017 • ECONOMICS • objective

A country's inflation rate is 5% per annum. If the price of a good is ₦100 today, what will be its price in 2 years?

Answer Options

A. ₦110
B. ₦115
C. ₦120
Correct Answer D. ₦125
Correct Answer
D
Correct Option:
₦125

About This Question

This is Post Utme Unilag 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Unilag Economics examination.

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