Neco Model Questions Vol1 2022 Economics Question 32

Practice objective / multiple choice question 32 from the 2022 Neco Model Questions Vol1 Economics examination.

Neco Model Questions Vol1 2022 Economics Objective / Multiple Choice Hard Difficulty
Question 32 NECO_MODEL_QUESTIONS_VOL1 • 2022 • ECONOMICS • objective

The population of a country was 10 million in the year 2000. From 2000 to 2010 it grew at a constant annual rate of 2 %. Starting in 2011 the annual growth rate began to fall linearly by 0.1 % each year (i.e., 1.9 % in 2011, 1.8 % in 2012, …) until it reaches 0 % in 2030 and then remains constant. Will the population ever exceed 15 million under this pattern? If so, state the first year it does; if not, answer "Never".

Answer Options

A. 2040
B. 2025
Correct Answer C. Never
D. 2031
Correct Answer
C
Correct Option:
Never

About This Question

This is Neco Model Questions Vol1 2022 Economics Question 32. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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