Answer:
True
Explanation:
Let,
be the initial population,
Given,
The population is decreasing by 3% each year,
Thus, the population after t years would be,
![P=P_0 (1-(3)/(100))^t](https://img.qammunity.org/2020/formulas/mathematics/middle-school/gyc3p2xr9ycfuveohf6rj0bvnbsof2qv2l.png)
![\implies P=P_0(1+(-3)/(100))^t](https://img.qammunity.org/2020/formulas/mathematics/middle-school/x83613r7iuhl8lgihukj1zzi8f0em2lhub.png)
Since, if a population is changing by a constant rate then the population after t years is,
![P=P_0(1+(r)/(100))^t](https://img.qammunity.org/2020/formulas/mathematics/middle-school/m5lqa19yt0y5t225if1eey7cjnzxgrnr4p.png)
Where, r is the rate of changing per period.
Hence, in the given situation the population is changing by the constant rate.