The Population of New Zealand Grew Exponentially Through the 20th

question 52

Multiple Choice

The population of New Zealand grew exponentially through the 20th century at a rate of 1.6% year^-1. If the population in 2000 was 3.9 million, when was the population 3.0 million?

• A) 1984
• B) 1989
• C) 1994
• D) 1999

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Definitions:

Expenditures

The act of spending or disbursing money, often related to business operations, investments, or personal consumption.

Business Revenue

The income that a business receives from its normal business activities, usually from the sale of goods and services to customers.

Profit Income

The financial earnings exceeding the costs of production, often considered the reward for business risks.

Command System

An economic system where government decisions determine resource allocation and production choices.