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Consider a population with constant relative birth and death rates
and
respectively, and a constant emigration rate
, where
Then the rate of change of the population at time
is modeled by the differential equation
where
Find the solution of this equation with the rate of change of the population at time
that satisfies the initial condition
India
A country in South Asia, known for its vast diversity in cultures, languages, and religions, and as the world's largest democracy.
Increasing
Refers to a situation where there is a rise in the quantity or quality of a particular economic variable or indicators.
Wealth Holders
Individuals or entities that possess assets of significant value, such as stocks, bonds, real estate, and cash.
Percentage Points
A unit for the arithmetic difference between two percentages, useful in indicating changes in rates, such as interest rates or rates of return.
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