The populations of Abu Dhabi (National, Non-National, and Total) and UAE are shown in the following tableYear Abu DhabiUAENationalsNon-nationals Total361,056430,054556,3891995 200259719,8362000 282,396846,2672005 330969 1,049,2071980 819241985 1135831990 1725381,016,7891,350,4331,811,4572,350,1923,050,1274,481,976What are the average annual population growth rates in Abu Dhabi (National, Non-National, Total) and in the UAE during 1980-1985,1985-1990, 1990-1995, 1995-2000 and 2000-2005? Only give the answer for the underlined groups

Answered: The populations of Abu Dhabi (National,…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Related questions

Question

The populations of Abu Dhabi (National, Non-National, and Total) and UAE are shown in the following table
Year Abu Dhabi
UAE
Nationals
Non-nationals Total
361,056
430,054
556,389
1995 200259
719,836
2000 282,396
846,267
2005 330969 1,049,207
1980 81924
1985 113583
1990 172538
1,016,789
1,350,433
1,811,457
2,350,192
3,050,127
4,481,976
What are the average annual population growth rates in Abu Dhabi (National, Non-National, Total) and in the UAE during 1980-1985,
1985-1990, 1990-1995, 1995-2000 and 2000-2005? Only give the answer for the underlined groups

Expert Solution

Introduction

Here we are given the population data of Abu Dhabi and UAE. And we will calculate the respective growth rates using the formula mentioned below:

$F = P {(1 + R)}^{t} P : P r e s e n t v a l u e F : f u t u r e v a l u e R : p e r a n n u m r a t e o f i n t e r e s t t : t o t a l n u m b e r o f y e a r s i n v o l v e d$

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions