Question

Micro Timed Quiz 5

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10
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Problem 19-01 (algo)
Suppose that the current (first) generation consists of 1 million people, half of whom are biological woman. 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.
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Answer 1

To calculate the population after one generation, we use the formula Population after n generations = Initial population * Total fertility rate^n. Using this formula, we find that the population after one generation would be 1.25 million.

Step-by-step explanation:

Problem 19-01 (algo)

To solve this problem, we need to consider the current generation which consists of 1 million people, with half of them being biological women. Assuming that the total fertility rate is 1.25, it means that on average, each woman will have 1.25 children. Since the only cause of death is old age, we can assume that the population will grow as new generations are born.

To calculate the population after a certain number of generations, we can use the formula:

Population after n generations = Initial population * Total fertility rate^n

In this case, we are given that there is only one generation, so the population after one generation would be:

Population after one generation = 1 million * 1.25^1 = 1.25 million

Hence, the population after one generation would be 1.25 million.

Learn more about Population growth and fertility rate