Neco 2023 Economics Question 27

Practice objective / multiple choice question 27 from the 2023 Neco Economics examination.

Neco 2023 Economics Objective / Multiple Choice Hard Difficulty
Question 27 NECO • 2023 • ECONOMICS • objective

The population of a town was 200,000 in the year 2020. The annual birth rate was 30 per 1,000, the death rate 12 per 1,000 and net migration -5 per 1,000. Each subsequent year the birth rate falls by 2 per 1,000, the death rate falls by 1 per 1,000. Migration is zero for years 4 and 5, then -2 per 1,000 in year 5. Calculate the population at the end of 2025 and then determine the average annual percentage growth rate of the population over the whole 2020‑2025 period. Express the average growth rate to two decimal places.

Answer Options

A. 1.45
B. 2.10
Correct Answer C. 1.26
D. 0.96
Correct Answer
C
Correct Option:
1.26

About This Question

This is Neco 2023 Economics Question 27. It is one of the objective questions from the 2023 Neco Economics examination.

Difficulty level: Hard .

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