Consider the average annual growth rate 5.93% of 2000-2005, and forecast the population in Abu Dhabi in 2011. Use the continuous compounding equation of growth Year Abu Dhabi UAE 451,848 1,016,789 566,036 1,350,433 730,381 1,811,457 Nationals Non-nationals Total 1980 90,792 361,056 1985 135,982 430,054 1990 173,992 556,389 1995 222,627 719,836 2000 248690 846,267 2005 348048 1,049,207 942,463 2,350,192 3,050,127 4,481,976 6
Consider the average annual growth rate 5.93% of 2000-2005, and forecast the population in Abu Dhabi in 2011. Use the continuous compounding equation of growth Year Abu Dhabi UAE 451,848 1,016,789 566,036 1,350,433 730,381 1,811,457 Nationals Non-nationals Total 1980 90,792 361,056 1985 135,982 430,054 1990 173,992 556,389 1995 222,627 719,836 2000 248690 846,267 2005 348048 1,049,207 942,463 2,350,192 3,050,127 4,481,976 6
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 5SCQ: What do the growth accounting studies conclude are the determinants of growth? Which is more...
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