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

Question 95

Multiple Choice

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 this model is accurate, what will be the total U.S. personal income in 2010? Round your answer to two decimal places. ​ A)  $13,899.68 billions B)  $15,216.17 billions C)  $17,199.23 billions D)  $18,464.37 billions E)  $20,698.13 billions
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 this model is accurate, what will be the total U.S. personal income in 2010? Round your answer to two decimal places.


A) $13,899.68 billions
B) $15,216.17 billions
C) $17,199.23 billions
D) $18,464.37 billions
E) $20,698.13 billions

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