Problem

Economic Growth The number of housing starts for single family homes in th...

Economic Growth The number of housing starts for single family homes in the U.S. can be approximated by

n(t) = 400 + 1,420e0.48t thousand housing starts per year (t ≥ 0),

where t is time in years since January 2005. Numerically estimate limt+ n(t) and interpret the answer.

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