The current generation consists

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Suppose that the current (first) generation consists of 2 million people, half of whom are women. Assume the total fertility rate is 1.2 and the only way people die is of old age. Instructions: In parts a and b, enter your answers as whole numbers. In part c, round your answer to 2 decimal places.

a. How big will the fourth generation (the great-grandchildren) be?

b. How much smaller (in percentage terms) is each generation than the previous generation? percent.

c. How much smaller (in percentage terms) is the fourth generation than the first generation?

Reference no: EM131099407

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