Concept explainers
Personal Consumption. The Bureau of Economic Analysis estimates that in 2015, personal consumption expenditures of Americans totaled $12.3 trillion. The major categories of these expenditures were durable goods ($1.36 trillion; for example, cars, furniture, recreational equipment), nondurable goods ($2.66 trillion; for example, food, clothing, fuel), and services ($8.3 trillion; for example, health care, education, transportation).
a. What was the approximate annual per capita spending on personal consumption? Assume a population of 321 million.
b. What was the approximate daily per capita spending on personal consumption?
c. On average, about what percentage of personal consumption spending was devoted to services? Is this figure consistent with your own spending?
d. Spending on health care was estimated to be $2.1 trillion. About what percentage of all personal consumption spending was devoted to health care?
e. In 2000, the total spending on personal consumption was $6.8 trillion, while health care spending was $918 billion. Compare the percentage increase in total spending and health care spending between 2000 and 2015.
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
MyLab Math with Pearson eText -- Access Card -- for Using & Understanding Mathematics with Integrated Review
- Exercice 2: Soit & l'ensemble des nombres réels. Partie A Soit g la fonction définie et dérivable sur R telle que, pour tout réel x. g(x) = - 2x ^ 3 + x ^ 2 - 1 1. a) Étudier les variations de la fonction g b) Déterminer les limites de la fonction gen -oo et en +00. 2. Démontrer que l'équation g(x) = 0 admet une unique solution dans R, notée a, et que a appartient à | - 1 ;0|. 3. En déduire le signe de g sur R. Partie B Soit ƒ la fonction définie et dérivable sur R telle que, pour tout réel s. f(x) = (1 + x + x ^ 2 + x ^ 3) * e ^ (- 2x + 1) On note f la fonction dérivée de la fonction ƒ sur R. 1. Démontrer que lim x -> ∞ f(x) = - ∞ 2. a) Démontrer que, pour tout x > 1 1 < x < x ^ 2 < x ^ 3 b) En déduire que, pour x > 1 0 < f(x) < 4x ^ 3 * e ^ (- 2x + 1) c) On admet que, pour tout entier naturel n. lim x -> ∞ x ^ n * e ^ (- x) = 0 Vérifier que, pour tout réel x, 4x ^ 3 * e ^ (- 2x + 1) = e/2 * (2x) ^ 3 * e ^ (-2x) puis montrer que: lim x -> ∞ 4x ^ 3 * e…arrow_forwardshow me pass-to-passarrow_forwardshow me pleasearrow_forward
- Show me pass-to-passarrow_forwardPlease explain the pass-to-passarrow_forwardMinistry of Higher Education & Scientific Research Babylon University College of Engineering - Al musayab Automobile Department Subject :Engineering Analysis Time: 2 hour Date:27-11-2022 کورس اول تحليلات تعمیر ) 1st month exam / 1st semester (2022-2023)/11/27 Note: Answer all questions,all questions have same degree. Q1/: Find the following for three only. 1- 4s C-1 (+2-3)2 (219) 3.0 (6+1)) (+3+5) (82+28-3),2- ,3- 2-1 4- Q2/:Determine the Laplace transform of the function t sint. Q3/: Find the Laplace transform of 1, 0≤t<2, -2t+1, 2≤t<3, f(t) = 3t, t-1, 3≤t 5, t≥ 5 Q4: Find the Fourier series corresponding to the function 0 -5arrow_forwardQ1lal Let X be an arbitrary infinite set and let r the family of all subsets F of X which do not contain a particular point x, EX and the complements F of all finite subsets F of X show that (X.r) is a topology. bl The nbhd system N(x) at x in a topological space X has the following properties NO- N(x) for any xX N1- If N EN(x) then x€N N2- If NEN(x), NCM then MeN(x) N3- If NEN(x), MEN(x) then NOMEN(x) N4- If N = N(x) then 3M = N(x) such that MCN then MeN(y) for any уем Show that there exist a unique topology τ on X. Q2\a\let (X,r) be the topology space and BST show that ẞ is base for a topology on X iff for any G open set xEG then there exist A Eẞ such that x E ACG. b\Let ẞ is a collection of open sets in X show that is base for a topology on X iff for each xex the collection B, (BEB\xEB) is is a nbhd base at x. - Q31 Choose only two: al Let A be a subspace of a space X show that FCA is closed iff F KOA, K is closed set in X. الرياضيات b\ Let X and Y be two topological space and f:X -…arrow_forwardMinistry of Higher Education & Scientific Research Babylon University College of Engineering - Al musayab Automobile Department Subject :Engineering Analysis Time: 2 hour Date:27-11-2022 کورس اول تحليلات تعمیر ) 1st month exam / 1st semester (2022-2023)/11/27 Note: Answer all questions,all questions have same degree. Q1/: Find the following for three only. 1- 4s C-1 (+2-3)2 (219) 3.0 (6+1)) (+3+5) (82+28-3),2- ,3- 2-1 4- Q2/:Determine the Laplace transform of the function t sint. Q3/: Find the Laplace transform of 1, 0≤t<2, -2t+1, 2≤t<3, f(t) = 3t, t-1, 3≤t 5, t≥ 5 Q4: Find the Fourier series corresponding to the function 0 -5arrow_forwardSHU Pra S × (29 (29 Ful SH Fre SH Stu 1b | Stu M De rea Ma tea Tea | b An | filo Tea | filo Filo SH + OXFORD C talentcentral.eu.shl.com/player/testdriver/launch?s=61B06D43-1AC3-4353-8210-9DF5644C9747&from Launch=true ☆ V My Profile → Exit SHL Help▾ 09:21 Community Service Schedule Team A: 4 people Team B: 6 people Team C: 8 people 9 10 11 12 1 2 3 4 5 6 Question You are organizing a community service event today. At least 6 people must be working the event between 10 a.m.5 p.m. (the event is closed for an hour lunch break beginning at 12:00 p.m.). Schedule Team D to ensure adequate coverage throughout the day. Team D: 4 people 9 10 11 12 1 2 3 4 5 LQ Next 6 © 2025 SHL and/or its affiliates. All rights reserved.arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_iosRecommended textbooks for you
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL