A Study in a Small Town Showed That the Percent $\mathrm { P } = 37 \mathrm { x } ^ { 0.33 }$

question 224

Multiple Choice

A study in a small town showed that the percent of residents who have college degrees can be modeled by the function $\mathrm { P } = 37 \mathrm { x } ^ { 0.33 }$ where x is the number of years since 2005. Does this model indicate that the percent of
Residents with a college degree is increasing or decreasing?

• A) Increasing
• B) Decreasing

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Definitions:

Positive Economic

An economic outlook indicating growth or constructive conditions within an economy, such as increasing GDP or employment rates.

Intermediate Stages

Phases or steps in a process or a production chain that occur between the initial and final stages.

Gross Domestic Product

The total monetary value of all finished goods and services produced within a country's borders in a specific time period, an important indicator of economic health.