To determine whether the function \( y = \frac{4}{3}(2)^x \) models exponential growth or decay, we need to analyze the base of the exponential function, which is the number 2 in this case.
- Exponential growth occurs when the b-value (the base of the exponent) is greater than 1.
- Exponential decay occurs when the b-value is between 0 and 1.
Here, since the base \( b = 2 \) is greater than 1, the function \( y = \frac{4}{3}(2)^x \) models exponential growth.
So the correct answer is:
The function models growth since the b-value is greater than 1.