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Suppose Population Growth Is Given By Lt=L0(1+nˉ)tL _ { t } = L _ { 0 } ( 1 + \bar { n } ) ^ { t }

Question 26

Multiple Choice

Suppose population growth is given by Lt=L0(1+nˉ) tL _ { t } = L _ { 0 } ( 1 + \bar { n } ) ^ { t } , where L0 is the population today, LtL _ { t }
Is the population in t periods, and nˉ\bar { n }
Is the population constant growth rate. If we do not know what value nˉ\bar { n }
Takes but do know the values of L0, LtL _ { t }
, and t, we can calculate nˉ\bar { n }
By punching ________ into our calculator.


A) nˉ=(LtL0) 1/t\bar { n } = \left( \frac { L _ { t } } { L _ { 0 } } \right) ^ { 1 / t }
B) mˉ=(Lt1L0) 1/t\bar { m } = \left( \frac { L _ { t } - 1 } { L _ { 0 } } \right) ^ { 1 / t }
C) nˉ=(LtL0) 1/t1\bar { n } = \left( \frac { L _ { t } } { L _ { 0 } } \right) ^ { 1 / t } - 1
D) nˉ=(LtL0) t1\bar { n } = \left( \frac { L _ { t } } { L _ { 0 } } \right) ^ { t } - 1
E) nˉ=Lt1/t1\bar { n } = L _ { t } ^ { 1 / t } - 1

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