Waec Model Questions Vol1 2020 Economics Question 48
Practice objective / multiple choice question 48 from the 2020 Waec Model Questions Vol1 Economics examination.
Country A has a real GDP growth rate of 3% per year and its population grows at 2% per year. Country B's real GDP grows at 5% per year while its population grows at 2% per year. Initially, per‑capita real GDP is ₦200,000 in Country A and ₦150,000 in Country B. After how many whole years will Country B's per‑capita real GDP exceed that of Country A? (Round up to the next whole year.)
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About This Question
This is Waec Model Questions Vol1 2020 Economics Question 48. It is one of the objective questions from the 2020 Waec Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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