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JAMB Economics 2010 Question 44

Question 44

Population

Use the table below to answer the question.
Year | Population (000) | Working Population (000)
2000 | 25 | 13
2001 | 30 | 19
2002 | 40 | 32
2003 | 60 | 49
What is the population growth rate in 2003?

  1. A.33.3%
  2. B.11.0%
  3. C.20.0%
  4. D.50.0%
Show the answer and explanation

Answer: D (50.0%)

Explanation

Growth rate = (60 − 40)/40 × 100 = 50%.