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11th Edition

Ronald J. Harshbarger + 1 other

Publisher: Cengage Learning

ISBN: 9781305108042

Chapter 11.2, Problem 54E

Textbook Problem

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Personal consumption By using U.S. Bureau of Labor Statistics data for selected years from 1988 and projected to 2018, the billions of dollars spent for personal consumption in the United States can be modeled by

where *t* is the number of years past 1985. If this model is accurate, find and interpret the rate of change of personal consumption in 2015.

This textbook solution is under construction.