Post Utme Unilag 2021 Economics Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Unilag Economics examination.

Post Utme Unilag 2021 Economics Objective / Multiple Choice
Question 7 POST_UTME_UNILAG • 2021 • ECONOMICS • objective

The government of Nigeria plans to invest ₦500 billion in the agricultural sector over the next 5 years. If the investment is expected to increase agricultural output by 10% per annum, what will be the total output after 5 years?

Answer Options

A. ₦1.5 trillion
B. ₦1.8 trillion
Correct Answer C. ₦2.1 trillion
D. ₦2.5 trillion
Correct Answer
C
Correct Option:
₦2.1 trillion

About This Question

This is Post Utme Unilag 2021 Economics Question 7. It is one of the objective questions from the 2021 Post Utme Unilag Economics examination.

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