Waec Model Questions Vol1 2024 Economics Question 43

Practice objective / multiple choice question 43 from the 2024 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2024 Economics Objective / Multiple Choice Hard Difficulty
Question 43 WAEC_MODEL_QUESTIONS_VOL1 • 2024 • ECONOMICS • objective

A country's population was 30 million in 1990. From 1990 to 2000 it grew at an annual rate of 2.5%. From 2000 to 2010 the annual growth rate fell to 1.8%. Beginning in 2011 the growth rate starts to decline linearly by 0.05 percentage points each year (i.e., 1.75% in 2011, 1.70% in 2012, …) until it reaches 0.5%, after which it remains constant. Assuming the rates apply to the population at the start of each year, in which calendar year will the population first exceed 50 million?

Answer Options

A. 2017
B. 2020
Correct Answer C. 2016
D. 2015
Correct Answer
C
Correct Option:
2016

About This Question

This is Waec Model Questions Vol1 2024 Economics Question 43. It is one of the objective questions from the 2024 Waec Model Questions Vol1 Economics examination.

Difficulty level: Hard .

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