Determine Whether or Not the Given Function Is an Exponential $y = x ^ { 5 }$

question 106

Multiple Choice

Determine whether or not the given function is an exponential function.
- $y = x ^ { 5 }$

• A) exponential
• B) not exponential

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Definitions:

Price Index

A statistical measure that examines the weighted average of prices of a basket of consumer goods and services over a period of time.

GDP Deflator

A measure of the price level of all domestically produced final goods and services in an economy, used to convert nominal GDP into real GDP.

CPI

By applying a weighted average methodology, the Consumer Price Index tracks the fluctuations in average prices for a comprehensive array of consumer goods and services, such as medical care, food, and transportation services.

CPI

It's an index that measures the average prices of a basket of consumer services and products, like food, transportation, and healthcare, through their weighted average, known as the Consumer Price Index.