Perfect 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. Total Total Basic Year Population Employment Employment 2019 50,000 25,000 6,250 53,000 26,500 6,625 28,500 7,125 8,125 8,750 9,000 2020 2021 57,000 65,000 70,000 Nonbasic Employment 18,750 19,875 21,375 24,375 26,250 2022 2023 2024 *Estimated from surveys. Required: The contract states that PPP must proiect Popular's opulation for the year 2024 using 32,500 35,000

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