Neco 2025 Economics Question 33

Practice objective / multiple choice question 33 from the 2025 Neco Economics examination.

Neco 2025 Economics Objective / Multiple Choice Hard Difficulty
Question 33 NECO • 2025 • ECONOMICS • objective

A country's population was \(12\) million in the year 2010. From 2010 to 2015 the annual growth rate was a constant \(2.5\%\). From 2015 to 2020 the growth rate fell linearly each year, starting at \(2.5\%\) in 2015 and reaching \(1.5\%\) in 2020. From 2020 onward the growth rate remains constant at \(1.5\%\) per year. Assuming compound growth each year, what is the estimated population at the end of 2025? (Give your answer rounded to the nearest whole person.)

Answer Options

Correct Answer A. 16147984
B. 16050000
C. 16200000
D. 15800000
Correct Answer
A
Correct Option:
16147984

About This Question

This is Neco 2025 Economics Question 33. It is one of the objective questions from the 2025 Neco Economics examination.

Difficulty level: Hard .

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