A Herd of Ninety-Nine Antelope Is Released onto a Small

question 104

Multiple Choice

A herd of ninety-nine antelope is released onto a small game reserve so that their reproductive habits can be studied. In the beginning the population of the herd increases rapidly in size but eventually slows due to a dwindling food supply. Suppose the population of antelope after t years is given by the function where . Determine when the population begins to decline.

• A) 15 years
• B) 17 years
• C) 18 years
• D) 19 years

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Definitions:

Recession

A brief era of economic contraction marked by diminished trading and industrial output, commonly indicated by a reduction in GDP across two successive quarters.

Monetarists

Economists who emphasize the role of governments in controlling the amount of money in circulation.

Money Supply

The collective sum of money in an economy, taking into account cash, coins, and balances within checking and savings accounts, at a specific timeframe.

Expansionary Monetary Policy

A policy by central banks to increase the money supply in order to stimulate economic growth.