Population of a Country The population of a country has a relative growth rate of 3% per year. The government is trying to reduce the growth rate to 2%. The population in 2011 was approximately 110 million. Find the projected population for the year 2036 for the following conditions. (a) The relative growth rate remains at 3% per year. (b) The relative growth rate is reduced to 2% per year.
Population of a Country The population of a country has a relative growth rate of 3% per year. The government is trying to reduce the growth rate to 2%. The population in 2011 was approximately 110 million. Find the projected population for the year 2036 for the following conditions. (a) The relative growth rate remains at 3% per year. (b) The relative growth rate is reduced to 2% per year.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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![Population of a Country The population of a country has a
relative growth rate of 3% per year. The government is trying
to reduce the growth rate to 2%. The population in 2011 was
approximately 110 million. Find the projected population for
the year 2036 for the following conditions.
(a) The relative growth rate remains at 3% per year.
(b) The relative growth rate is reduced to 2% per year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb986ac90-29cb-4c78-98ab-eadc1921dfa1%2F3f3f70eb-e5c3-46f2-a4dd-8f56214fa23c%2F587l95e_processed.png&w=3840&q=75)
Transcribed Image Text:Population of a Country The population of a country has a
relative growth rate of 3% per year. The government is trying
to reduce the growth rate to 2%. The population in 2011 was
approximately 110 million. Find the projected population for
the year 2036 for the following conditions.
(a) The relative growth rate remains at 3% per year.
(b) The relative growth rate is reduced to 2% per year.
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