Waec Model Questions Vol1 2023 Economics Question 38

Practice objective / multiple choice question 38 from the 2023 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2023 Economics Objective / Multiple Choice Hard Difficulty
Question 38 WAEC_MODEL_QUESTIONS_VOL1 • 2023 • ECONOMICS • objective

A country's population was 12 million in 2010. From 2010 to 2015 it grew at an average annual rate of 2.5 %. From 2015 onward the annual growth rate fell by 0.3 % each year until it reached 1.0 %, after which it remained constant at 1.0 %. What is the population at the end of 2020 (rounded to two decimal places) and in which year does the population first exceed 15 million?

Answer Options

A. Population at end 2020: 14.55 million; Year exceeds 15 million: 2022
B. Population at end 2020: 14.60 million; Year exceeds 15 million: 2025
C. Population at end 2020: 14.85 million; Year exceeds 15 million: 2024
Correct Answer D. Population at end 2020: 14.70 million; Year exceeds 15 million: 2023
Correct Answer
D
Correct Option:
Population at end 2020: 14.70 million; Year exceeds 15 million: 2023

About This Question

This is Waec Model Questions Vol1 2023 Economics Question 38. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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