Post Utme Unilag 2022 Economics Question 37

Practice objective / multiple choice question 37 from the 2022 Post Utme Unilag Economics examination.

Post Utme Unilag 2022 Economics Objective / Multiple Choice
Question 37 POST_UTME_UNILAG • 2022 • ECONOMICS • objective

A country's GDP is ₦1,500 billion. If the inflation rate is 5% and the exchange rate is ₦1 = $0.25, what is the country's GDP in dollars?

Answer Options

A. $6,000,000,000
Correct Answer B. $6,750,000,000
C. $7,500,000,000
D. $8,250,000,000
Correct Answer
B
Correct Option:
$6,750,000,000

About This Question

This is Post Utme Unilag 2022 Economics Question 37. It is one of the objective questions from the 2022 Post Utme Unilag Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support