Because of the Continued Successful Implementation of an Urban Renewal

question 137

Multiple Choice

Because of the continued successful implementation of an urban renewal program, it is expected that each year 2% of the population currently residing in the city will move to the suburbs and 4% of the population currently residing in the suburbs will move into the city. If the initial probability distribution is ​ ​
What will be the population distribution of the city after 1 year? After 2 years? Assume that the total population of the metropolitan area remains constant.
​

• A) after 1 year: 69.8% in the city, 30.2% in the city after 2 yr: 68.1% in the city, 31.9% in the city ​
• B) after 1 year: 69% in the city, 31% in the city after 2 yr: 69.612% in the city, 30.388% in the city ​
• C) after 1 year: 69.8% in the city, 30.2% in the city after 2 yr: 69.612% in the city, 30.388% in the city ​
• D) after 1 year: 69% in the city, 31% in the city after 2 yr: 68.1% in the city, 31.9% in the city ​

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