Waec Model Questions Vol1 2023 Economics Question 46
Practice objective / multiple choice question 46 from the 2023 Waec Model Questions Vol1 Economics examination.
The population of a country was 12,000,000 in the year 2020. For the first three years (2021‑2023) the natural increase rate was 2.5 % per annum and net migration was +30,000 persons each year. From 2024 onward the natural increase rate fell to 1.8 % per annum. Net migration remained +30,000 persons per year for 2024‑2025 and then became -20,000 persons per year for the remaining years up to the end of 2029. Assuming the rates apply at the end of each year, calculate: (a) the population at the end of 2029; (b) the average annual compound growth rate of the population over the whole ten‑year period.
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About This Question
This is Waec Model Questions Vol1 2023 Economics Question 46. It is one of the objective questions from the 2023 Waec Model Questions Vol1 Economics examination.
Difficulty level: Hard .
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