Neco Model Questions Vol1 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Neco Model Questions Vol1 Economics examination.

Neco Model Questions Vol1 2020 Economics Objective / Multiple Choice Hard Difficulty
Question 23 NECO_MODEL_QUESTIONS_VOL1 • 2020 • ECONOMICS • objective

A country's population was \(12\) million in 2010. It grew at an annual rate of \(2.5\%\) for the first five years and then at \(1.8\%\) per year thereafter (compound annually). In which calendar year will the population first exceed \(20\) million?

Answer Options

A. 2040
Correct Answer B. 2037
C. 2035
D. 2038
Correct Answer
B
Correct Option:
2037

About This Question

This is Neco Model Questions Vol1 2020 Economics Question 23. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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