Answered: Explain Modeling Population Growth ?

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter19: Economic Growth In Developing Nations

Section: Chapter Questions

Problem 15AA

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Question

Explain Modeling Population Growth ?

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Step 1

Answer:

Introduction:

Modeling population growth means to represent the growth rate of populations by using a model. Models of population growth can be used to accurately describe changes occurring in a population and, also, to predict future changes. It helps in making decisions regarding resource requirement and policy formulation etc.

Explanation:

A simple model of the population is:

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