Use the median income graph in Exercise 5 to answer the following questions, making reasonable approximations where needed. (a) What was the average yearly growth of median income between 1993 and 1999? (b) The median income was increasing during the 6-year period between 1993 and 1999. Was it increasing more rapidly during the first 3 years or the last 3 years of that period? Explain your reasoning. (c) Consider the statement: “After years of decline, median income this year was finally higher
Use the median income graph in Exercise 5 to answer the followin…
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