The following graph shows the average American household debt h as a function of the date d. 140 120 100 80 47% 60 40 20 1955 1965 1975 1985 1995 2005 Here h(d) represents household debt as a percentage of disposable income. (a) Explain the meaning of h(1975) in practical terms. O h(1975) is the average American household debt in dollars in 1975. O h(1975) is the average American household debt as a percentage of disposable income in 1975. O h(1975) represents the year in which household debt was at its maximum value. O h(1975) represents the year in which household debt was at its minimum value. O h(1975) is the average American household debt, as a decimal, in 1975. Household debt

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Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
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The following graph shows the average American household debt h as a function of the date d.
140
120
100
80
47%
60
40
20
0 +
1955
1965
1975
1985
1995
2005
Here h(d) represents household debt as a percentage of disposable income.
(a) Explain the meaning of h(1975) in practical terms.
O h(1975) is the average American household debt in dollars in 1975.
Oh(1975) is the average American household debt as a percentage of disposable income in 1975.
:......:
O h(1975) represents the year in which household debt was at its maximum value.
O h(1975) represents the year in which household debt was at its minimum value.
O h(1975) is the average American household debt, as a decimal, in 1975.
Household debt
Transcribed Image Text:The following graph shows the average American household debt h as a function of the date d. 140 120 100 80 47% 60 40 20 0 + 1955 1965 1975 1985 1995 2005 Here h(d) represents household debt as a percentage of disposable income. (a) Explain the meaning of h(1975) in practical terms. O h(1975) is the average American household debt in dollars in 1975. Oh(1975) is the average American household debt as a percentage of disposable income in 1975. :......: O h(1975) represents the year in which household debt was at its maximum value. O h(1975) represents the year in which household debt was at its minimum value. O h(1975) is the average American household debt, as a decimal, in 1975. Household debt
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