Post Utme Unilorin 2023 Economics Question 34

Practice objective / multiple choice question 34 from the 2023 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2023 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNILORIN • 2023 • ECONOMICS • objective

The inflation rate in a country is 5% per annum. If the current price level is 100, what will be the price level after 2 years?

Answer Options

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

About This Question

This is Post Utme Unilorin 2023 Economics Question 34. It is one of the objective questions from the 2023 Post Utme Unilorin Economics examination.

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