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The population loses genetic diversity
That you have an exponential function. These functions are typical for certain practical problems, such as population growth, or radioactive decay (with a negative exponent in this case).
It can be growth or decay - it depends on whether n is positive (growth) or negative (decay).
That means that the growth is equal to, or similar to, an exponential function, which can be written (for example) as abx, for constants "a" and "b". One characteristic of exponential growth is that the function increases by the same percentage in the same time period. For example, it increases 5%, or equivalently by a factor of 1.05, every year.
If the exponent has the variable of time in it, then it will be either exponential growth (such as compound interest for example), or exponential decay (such as radioactive materials, or a capacitor discharging). If the time constant (coefficient of the time variable) is positive then it is growth, if the time constant is negative, then it is decay.