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In the geometric growth model, what does a λ value of 0.97 mean? The population has increased from one year to the next because the number of births has exceeded the number of deaths. The population has decreased from one year to the next because the number of births has exceeded the number of deaths. The population has decreased from one year to the next because the number of deaths has exceeded the number of births. The population has increased in size by 97% from one year to the next. The population has decreased in size by 97% from one year to the next

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