Neco 2023 Economics Question 42
Practice objective / multiple choice question 42 from the 2023 Neco Economics examination.
The population of a country was 5 million in the year 2000. From 2000 to 2005 the annual growth rate was constant at 2 %. From 2005 to 2010 the growth rate fell linearly each year from 2 % to 1 %. From 2010 onward the growth rate remained constant at 1 % per year. Estimate the population in the year 2020 (i.e., after 20 years). Give your answer in millions to two decimal places.
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About This Question
This is Neco 2023 Economics Question 42. It is one of the objective questions from the 2023 Neco Economics examination.
Difficulty level: Hard .
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