Neco Model Questions Vol1 2019 Economics Question 8
Practice objective / multiple choice question 8 from the 2019 Neco Model Questions Vol1 Economics examination.
The population of Country X was \(20\) million at the beginning of 2020. For the first five years (2021-2025) the annual growth rate was constant at \(3\%\). Thereafter the growth rate fell by \(0.3\%\) each year until it reached a floor of \(0.5\%\), after which it remained constant at \(0.5\%\) per annum. In which calendar year will the population first exceed \(30\) million? (Give the year as a four‑digit number.)
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About This Question
This is Neco Model Questions Vol1 2019 Economics Question 8. It is one of the objective questions from the 2019 Neco Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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