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? by Sunday | Aug 1 | Economics WAEC | 0 comments A. 5% B. 15% C. 20% D. 100% Correct Answer: Option A – 5% Users Also Read These:If the marginal propensity to consume is 0.75 and…The reserve of tar sands oil in place in…If the death rate of a country is 52% and the growth…According to the income approach to national income…A sole trader purchased goods in cash worth N2000 at…