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Please help me in understanding and answering these questions. Thank you. 1) Say you know that in Year 1 the population of a country was

Please help me in understanding and answering these questions. Thank you.

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1) Say you know that in Year 1 the population of a country was 3,310,00 people, in Year 4 it was 3,495,000, in Year 10 the population was 3,860,100, and Year 13 it was 4,009,200. [Ra M 0'18, Notes 8-1, 8-3] a) Calculate thecontinuously compound growth rates of New Zealaud's population be- tween Year 1 and Year 4 and then between Year 10 and Year 13. Remember to use X: 1/: = ln . n (X0) b) Does the population growth rate increase or decrease? How does your nding aect the correct formula: the amount of capital per worker and the growth rate of the economy? Use a diagram to answer the

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