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Total Personal Income in the United States (In Billions of Dollars)

question 18

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Total personal income in the United States (in billions of dollars) for selected years from 1960 to 2002 is given in the following table. ​ Total personal income in the United States (in billions of dollars)  for selected years from 1960 to 2002 is given in the following table. ​   Source: Bureau of Economic Analysis, U.S. Department of Commerce These data can be modeled by an exponential function. Write the equation of this function, with x as the number of years past 1960. If it's necessary round your calculations to four decimal places. ​ A)    B)    C)    D)    E)   Source: Bureau of Economic Analysis, U.S. Department of Commerce
These data can be modeled by an exponential function. Write the equation of this function, with x as the number of years past 1960. If it's necessary round your calculations to four decimal places.


Definitions:

Obligor

A contractual party who agreed to do something for the other party.

Merger Clause

A clause in a written agreement within the statute of frauds that states that the written agreement accurately reflects the final, complete version of the agreement.

Statute of Frauds

A legal principle that requires certain types of contracts to be written and signed to be enforceable.

Obligor's Consent

The necessary agreement or permission from the party obligated to perform under a contract or legal duty.

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