Suppose that the current (first) generation consists of 3 million people, half of whom are women. Assume the total fertility rate is 1.25 and the only way people die is of old age. Instructions: In part a, enter your answer as a whole number. In parts b and c, round your answers to 2 decimal places. a. How big will the fourth generation (the great-grandchildren) be? people b. How much smaller (in percentage terms) is each generation than the previous generation? percent c. How much smaller (in percentage terms) is the fourth generation than the first generation? percent

Suppose that the current (first) generation consists of 3 million people, half of whom are women. Assume the total fertility rate is 1.25 and the only way people die is of old age. Instructions: In part a, enter your answer as a whole number. In parts b and c, round your answers to 2 decimal places. a. How big will the fourth generation (the great-grandchildren) be? people b. How much smaller (in percentage terms) is each generation than the previous generation? percent c. How much smaller (in percentage terms) is the fourth generation than the first generation? percent

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter20: Economic Growth

Section: Chapter Questions

Problem 4SCQ: Assume there are two countries: South Korea and the United States. South Korea grows at 4 and the...

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Suppose that the current (fifi rst) generation consists of 1 million people, half of whom are women. If the total fertility rate is 1.3 and the only way people die is of old age, how big will the fourth generation (the great-grandchildren) be? How much smaller (in percentage terms) is each generation than the previous generation? How much smaller (in percentage terms) is the fourth generation than the fifirst generation? Are you surprised by how quickly the population declines?
Consider the U.S. during the Great Depression and WWII –fertility rates were low (between 1929 and 1945 total fertility rate (TFR) was about 2.5 per woman aged 15-44). a.What does a fertility rate of 2.5 per woman mean? Through the 1960s, the U.S. saw a baby boom (TFR of 3.4 between 1946 and 1964). However, since 1980 the TFR has fallen below 2.1. b.What may explain the fall in fertility after the 1980s? c.Even though the fertility rate fell to replacement rate in 1980, population was still growing in the U.S. during the 1980s. Explain d. Describe what happened to the proportion of old-age population: i.during the baby boom ii.after 1980
onsider an imaginary economy that has been growing at a rate of 3% per year. Government economists have proposed a number of policies to increase the growth rate but first need to convince the president that the policies will pay off. To do so, they want to present a comparison of the number of years it will take for the economy to double, depending on the growth rate. Using the rule of 70, determine the number of years it will take the economy to double at each growth rate. Growth Rate Years Required to Double (Percent) (Nearest whole number of years) 3 4 5
B. Evaluate figure 23.2 below. What does this graph tell us about the relationship between income and fertility? Give four probable reasons for this trend.
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
TFR and Birth Rates:a. Define the crude birth-rate and the total fertility rateSuppose country A and B have are identical in their population size andstructure, and rate of mortality, but A has a higher average TFR than B.b. What could be some of the reasons why A has a higher fertility ratethan B?c. What will be true about the size and age structure of the population in Arelative to B in 25 years? Will the proportion of young people to oldpeople be higher or lower in A?d. Now suppose the governments of both A and B impose a one-child policy(the TFR was greater than 1 in both A and B). Suppose the policy is fullyenforced (i.e. all families indeed have one kid). Is the fertility rate thesame in A and B? Is the birth rate same in A and B?e. Is the population growth rate higher or lower in A?f. As more time passes, the population growth will eventually slow down inboth countries. What will happen to the proportion of old in the populationas population growth slows down?
0.25 0.10 0.20 0.15 0.25 If your initial distribution of countries from lowest GDP to highest GDP is shown above, and you then estimate a Markov steady state and show that in the future, the distribution will look like this, you have evidence of what? 0.50 0.50 O Economic Convergence O Economic Divergence O Spatial Dependence O Temporal Homogeneity
If these population changes were only due to human migration, what conclusions could be made, based on the map? a) The majority of states are experiencing immigrationtherefore, the overall country has an increase in population size b) The majority of states are experiencing emigration therefore, the overall country has an increase in population size. c) The majority of states are experiencing immigration; therefore, the overall country has a decrease in population size d) The majority of states are experiencing emigration; therefore, the overall country has a decrease in population size
Calculate the proportion of Kumasi for 2021, if the growth rate is 3% per annum and death rate is 1%. The impact of the opening of the borders to other ECOWAS countries brings 4% of immigrants from neighboring countries. Residents leaving the kumasi for greener pastures is also 0.05%
______ occur when newly raised hopes for a better life either are not satisfied at all or are not satisfied as rapidlyas people expect them to be.
Answer question 3
The following table shows demographic characteristics for two countries, A and B in a given period. People are assumed to live for up to two periods, corresponding to young and old generations. Each country has equal males and females in every generation and total initial populations summing to 100. There is no immigration or emigration. Initial age Fertility Mortality distribution Rate Rate (%) Young in A 60 1.6 Old in A 40 100 Young in B 50 2.4 10 Old in B 50 100 In the next period, the populations of A and B will remain equal. O the population of country B will exceed that of country A. the population of country A will exceed that of country B. it is not possible to determine which country will have the biggest population using the information provided.