Gce Model Questions Vol1 2019 Economics Question 41
Practice objective / multiple choice question 41 from the 2019 Gce Model Questions Vol1 Economics examination.
Country A had a population of \(20\) million in the year 2000. From 2000 to 2010 it grew at a constant annual compound rate of \(2.5\)% . From 2010 onward the annual growth rate changed to a constant rate \(r\)% per year. By 2020 the population was \(30\) million.\n\n(a) Calculate \(r\) to two decimal places.\n(b) Assuming the rate \(r\) continues, in which calendar year will the population first exceed \(40\) million?
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This is Gce Model Questions Vol1 2019 Economics Question 41. It is one of the objective questions from the 2019 Gce Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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