Answer:
True
Step-by-step explanation:
Let, [tex]P_0[/tex] be the initial population,
Given,
The population is decreasing by 3% each year,
Thus, the population after t years would be,
[tex]P=P_0 (1-\frac{3}{100})^t[/tex]
[tex]\implies P=P_0(1+\frac{-3}{100})^t[/tex]
Since, if a population is changing by a constant rate then the population after t years is,
[tex]P=P_0(1+\frac{r}{100})^t[/tex]
Where, r is the rate of changing per period.
Hence, in the given situation the population is changing by the constant rate.