The Population of the World Was About $5.3$ Billion in 1990 $k$

question 30

Multiple Choice

The population of the world was about $5.3$ billion in 1990 . Birth rates in the 1990 s range from 35 to 40 million per year and death rates range from 15 to 20 million per year. Let's assume that the carrying capacity for world population is 100 billion. Use the logistic model to predict the world population in the 2,450 year. Calculate your answer in billions to one decimal place. (Because the initial population is small compared to the carrying capacity, you can take $k$ to be an estimate of the initial relative growth rate.)

• A) \(78.3\) billion
• B) \(27.0\) billion
• C) \(17.1\) billion
• D) \(59.2\) billion
• E) \(32.9\) billion

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Definitions:

IAS 21

The International Accounting Standard that provides guidance on how to account for foreign currency transactions and operations in financial statements.

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An entity, such as a company or organization, that is required to prepare financial statements to provide information about its financial performance and position.

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