### Assume which the present first generation consists

##### Reference no: EM1323039

Q. When are reserves borrowed at the Federal funds rate usually repaid?

Q. Assume which the present (first) generation consists of 1 million people, half of whom are women. If the total fertility rate is 1.3 also the only way people die is of old age, how big will the fourth generation (the great-grandchildren) be? How much smaller (in percent (%) terms) is every generation than the previous generation? How much smaller (in percent (%) terms) is the fourth generation than the 1st generation?

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