Waec Model Questions Vol1 2020 Economics Question 11
Practice objective / multiple choice question 11 from the 2020 Waec Model Questions Vol1 Economics examination.
Country X's nominal GDP increased from ₦2.5 trillion to ₦3.0 trillion over a 5‑year period. During the same period the consumer price index (CPI) rose from 120 to 138 and the population grew from 50 million to 55 million. What was the average annual real per‑capita GDP growth rate (compound) over the 5 years? Express your answer as a percentage to two decimal places.
Answer Options
About This Question
This is Waec Model Questions Vol1 2020 Economics Question 11. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Economics examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.