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The expression 11(1.022) models the per capita gross domestic product (GDP) of the US, in thousands of
dollars, as a function of the number of years since 1950
What does 1.022 represent in this expression?
Choose 1
~
The maximum per capita GDP occurred 1.022 years after 1950.
(B
The per capita GDP in the US was $1022 in 1950.
The per capita GDP in the US is multiplied by approximately 1.022 each year.