Spend some class time to discuss some of the implications of population growth, gross domestic product, inflation rate, and population density. Timing Allow two periods for the completion of this activity. Resources Samuelson, Robert J. Book of Vital Word Statistics, The Economist Books . Times Books, Random House, 1990. The table below shows various statistics for Canada in 1988 and annual real growth rates.
Solution Let the number of years required be n.
Therefore, Canada's popluation will be 50 million people in the year 2061. The table below shows various statistics for Brazil, Phillipines, and the United States in 1988, and annual real growth rates. Use the information in this table to answer the questions that follow. Calculate the population and GDP per capita for each country in the year 2008. Use the inflation rate to calculate the cost of this food in the year 1994.