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- Elimination by substitution
Substitution and parallel lines
If computations eliminate all the variables and produce a contradiction, the two lines of a system are parallel, and the system is called inconsistent.
Sample set b
Solve the system
Step 1: Solve equation 1 for
Step 2: Substitute the expression
for
into equation 2.
Step 3: Solve the equation obtained in step 2.
Computations have eliminated all the variables and produce a contradiction. These lines are parallel.
This system is inconsistent.
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Practice set b
Slove the system
Substitution produces
or
, a contradiction. These lines are parallel and the system is inconsistent.
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Substitution and coincident lines
The following rule alerts us to the fact that the two lines of a system are coincident.
Substitution and coincident lines
If computations eliminate all the variables and produce an identity, the two lines of a system are coincident and the system is called dependent.
Sample set c
Solve the system
Step 1: Divide equation 1 by 4 and solve for
Step 2: Substitute the expression
for
in equation 2.
Step 3: Solve the equation obtained in step 2.
Computations have eliminated all the variables and produced an identity. These lines are coincident.
This system is dependent.
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Practice set c
Systems in which a coefficient of one of the variables is not 1 or cannot be made to be 1 without introducing fractions are not well suited for the substitution method. The problem in Sample Set D illustrates this “messy” situation.
Sample set d
Solve the system
Step 1: We will solve equation
for
Step 2: Substitute the expression
for
in equation
Step 3: Solve the equation obtained in step 2.
Step 4: Substitute
into the equation obtained in step
We now have
and
Step 5: Substitution will show that these values of
and
check.
Step 6: The solution is
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Practice set d
Exercises
For the following problems, solve the systems by substitution.
Exercises for review
Questions & Answers
it is the relatively stable flow of income
what is circular flow of income
branches of macroeconomics
what is Flexible exchang rate?
is gdp a reliable measurement of wealth
introduction to econometrics
Why is unemployment rate never zero at full employment?
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost
6% more than previous year? Provide with reasoning.
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
what is the problem of macroeconomics
Yoal
Economic growth
Stable prices
and low unemployment
Ephraim
explain inflationcause and itis degre
increase in general price levels
WEETO
Good day
How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200.
Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
nawalparasi district
from belatari
Amisha
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ahile becheclor ho
Amisha
hjr ktm bta ho
ani k kaam grnu hunxa tw
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9
no Mpc is greater than 1
Y=100+.9Y+50
Y-.9Y=150
0.1Y/0.1=150/0.1
Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question
If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output?
discuss your answer using appropriate graph.
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:
OpenStax, Elementary algebra. OpenStax CNX. May 08, 2009 Download for free at http://cnx.org/content/col10614/1.3
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