Estimate t(2003) and describe what it measures

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Reference no: EM131350242

Economics The graph shows the annual spending on health care in the U.S. for the years 1992 to 2006 (using projections for the years after 1998.) Let T(y) be the total annual spending on health care in year y.

a. Estimate T(2003) and describe what it measures.

b. Estimate T′(2003) and describe what it measures.

Reference no: EM131350242

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