Neco 2023 Economics Question 32
Practice objective / multiple choice question 32 from the 2023 Neco Economics examination.
The population of a country was 20 million in 2020. Each year the natural increase (births minus deaths) is \(2.5\%\) of the current population and net migration is \(-0.3\%\) of the current population. After 2025 a policy reduces net‑migration loss to \(-0.1\%\) per year while the natural increase remains \(2.5\%\). Assuming annual compounding, in which year will the population first exceed 30 million?
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About This Question
This is Neco 2023 Economics Question 32. It is one of the objective questions from the 2023 Neco Economics examination.
Difficulty level: Hard .
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