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- Table 8 Amounts of New Solar Power Installed in the United States Amount of New Solar Power Installed Year (megawatts) 2006 2007 105 160 2008 290 2009 435 2010 878 2011 1891 3300 2012 Source: GTM Research If the model is given by: y 2.73(1.80)*, what is the growth rate? O the growth rate is 273%. O The growth rate is 80%. O can not be determined from the equation. O The growth rate is 73% O The growth rate is 180%. 99+ a(a) Does the data on Cambodia's GDP per capita in the table correspond approximately to a linear function, an exponential function, or neither? Year 2010 2011 2012 2013 2014 2015 GDP/capita ($/person) 782.7 824.8 870.5 920.3 969.3 1020.9 The data approximately corresponds to Choose one ▼ (b) Find a formula to approximate G, the GDP per capita in dollars/person, as a function of time, t, in years since 2010. NOTE: Round your estimated coefficients to 3 decimal places. We have G(t) 2 (c) What is the approximate annual percent increase in per capita GDP? NOTE: Give your answer to 1 decimal place. GDP is increasing at approximately % per year.A country's growth rate (the percentage change in output) between 2000 and 2002 was 11%, and the growth rate between 2000 and 2001 was 7%, what was the country's growth rate between 2001 and 20027 Solve the problem by first formulating an equation(s). Please, enter the answer in (with two decimal points) and UPLOAD your work and final answer in the next question.
- Given the table below, calculate the population growth (number of individuals) in this country for 2010, 2015 and 2020. The result should be an integer number (no decimals). Round to the nearest number. E.g if the result is 350.4, write 350. If the result is 350.5, write 351. Number of individuals 2010 2015 2020 Births Deaths Immigration Emigration 5000 6000 7000 5500 5600 6000 850 2000 3000 450 500 600 Write the population growth (number of individuals) for 2010 in Blank #1. Write the population growth (number of individuals) for 2015 in Blank #2. Write the population growth (number of individuals) for 2020 in Blank # 3. Blank # 1 Blank # 2 Blank # 3Perfect Population Projections Incorporated (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2019 2020 2021 2022 2023 2024 Total Population 50,000 53,000 57,000 65,000 70,000 ? Total Employment 25,000 26,500 28,500 32,500 35,000 ? Basic Employment 6,250 6,625 7,125 8,125 8,750 9,000* Nonbasic Employment 18,750 19,875 21,375 24,375 26, 250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2024 using an economic base analysis. The ratio of population to total employment is 2.0833. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year…10.5 Linear trend (y) 10.0 Log of GDP per capita 95 y = 0.0214x+ 8.7782 R = 0.9889 9.0 8.5 Year This shows log GDP per capita for the UK Which of the following statements are correct? Select one or more: a. The graph shows that in 1950 UK GDP per capita was about £8.75. Ob. The trend growth rate over the period was 0.9889% per annum. When actual output is below trend output the economy is in recession. U d. The trend growth rate over the period was 2.14 % per annum. Log of GDP per capita 1950 1955- -096 1995- -000, 2005
- Problem 2 Assume that total output is determined by the formula: Total Output = Number of Workers x Productivity (a) If the workforce is growing by 1 percent a year but productivity doesn’t improve, how fast can output increase? (b) If productivity increases by 3 percent and the number of workers increases by 1 percent a year, how fast will output grow?Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Nonbasic Population Employment Employment Employment 50,000 53,000 57,000 65,000 70,000 ? 25,000 26,500 28,500 32,500 35,000 ? 6,250 6,625 7,125 8,125 8,750 9,000* 18,750 19,875 21,375 24,375 26,250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year 2020The table below shows the real GDP and population for the years 2000 and 2010 of a small island nation. Year Real GDP Population 發 2000 10,000 800 2010 22,000 950 Where applicable, round your answers to two decimal places. (a) Calculate the annual growth rate of real GDP over the 10 years (from 2000 to 2010). (b) Calculate the annual growth rate of real GDP per capita over the 10 years (from 2000 to 2010).
- 10. The Reverend Thomas Malthus (a British economist) thought that arithmetic growth in food supply (such as a farmer adding five more bushels of apples to his harvest every year) exhibited: A. positive exponential growth (logarithmic increase) over time B. logistic growth (linear increase, then exponential, then linear again) over time C. saturation growth (Michaelis-Menten increases) over time D. negative exponential growth (logarithmic decrease) over time E. linear growth (straight line increase) over timeSubject: Business Economics 8. In 1990 real GDP per capita in the US was $40000. In 2004 real GDP per capita was $80000.What was the average annual growth rate of real GDP per capita in the US during this time?1.6 Read the following extract and use it to answer question 1.6-1.8. The Accelerated and Shared Growth Initiative for South Africa (AsgiSA) was launched by Deputy President Phumzile Mlambo-Ngcuka in February 2006. After research and discussion with stakeholders, government identified six "binding constraints on growth" that needed to be addressed so as to progress in its desire for shared growth and to achieve its target of halving unemployment and poverty between 2004 and 2014. This could be achieved if the economy grew at an average rate of at least 4.5% in the period to 2009, and by an average of 6% in the period 2010 to 2014. These binding constraints were: deficiencies in government's capacity the volatility of the currency • low levels of investment infrastructure and infrastructure services shortages of suitably skilled graduates, technicians and artisans insufficiently competitive industrial and services sectors and weak sector strategies inequality and marginalisation,…