Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania,...
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Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a destrable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Population Employment Employment 50,000 53,000 57,000 65,000 70,000 25,000 26,500 28,500 32,500 35,000 6,250 6,625 7,125 8,125 8,750 9,000* Nonbasic Employment 18,750 19,875 21,375 24,375 26,250 7 "Estimated from surveys Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysts. The ratio of population to total employment is 2.0833. (Do not round Intermediate calculations. Round your final answers to the nearest whole number) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year 2020 Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a destrable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Population Employment Employment 50,000 53,000 57,000 65,000 70,000 25,000 26,500 28,500 32,500 35,000 6,250 6,625 7,125 8,125 8,750 9,000* Nonbasic Employment 18,750 19,875 21,375 24,375 26,250 7 "Estimated from surveys Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysts. The ratio of population to total employment is 2.0833. (Do not round Intermediate calculations. Round your final answers to the nearest whole number) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year 2020
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Total population using economic base analysis 132500 Total employment using economic base analysis 7... View the full answer
Related Book For
Business Law The Ethical Global and E-Commerce Environment
ISBN: 978-0071317658
15th edition
Authors: Jane Mallor, James Barnes, Thomas Bowers, Arlen Langvardt
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