If a country’s national income increased from N1000 billion over a period of 2 years,…

If a country’s national income increased from N1000 billion over a period of 2 years, what was the average annual rate of growth of national income over the period?
  • A.
    5%
  • B.
    15%
  • C.
    20%
  • D.
    100%
Correct Answer: Option A
Explanation
You May Also Like