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Solved: Using the method followed in Example 17, express

Discrete Mathematics and Its Applications | 7th Edition | ISBN: 9780073383095 | Authors: Kenneth Rosen ISBN: 9780073383095 37

Solution for problem 40E Chapter 4.3

Discrete Mathematics and Its Applications | 7th Edition

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Discrete Mathematics and Its Applications | 7th Edition | ISBN: 9780073383095 | Authors: Kenneth Rosen

Discrete Mathematics and Its Applications | 7th Edition

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Problem 40E

Using the method followed in Example 17, express the greatest common divisor of each of these pairs of integers as a linear combination of these integers.a) 9, 11________________b) 33, 44________________c) 35, 78________________d) 21, 55________________e) 101, 203________________f) 124, 323________________g) 2002, 2339________________h) 3457, 4669________________i) 10001, 13422

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Real Wage  wage rate divided by the price level Real Income  Income divided by the price level Why nominal vs. real is important ­ Wages: Gives the cost of living o This is what actually matters (can change wages to living wages) Cost of inflation ­ Expected o Menu costs changing prices on a menu o Shoe leather costs running to and from the bank to avoid inflation o Inconveniences ­ Unexpected o Borrowers win, lenders lose Real interest rate ­ Nominal interest rate – inflation  r = i – π o As long as those numbers aren’t too big. o REMARK  They are observable for both ex ante (before) and ex post (after) the fact  REAL INTEREST RATES are only observable ex post. THE NEXT CLASS WAS THE MIDTERM 1

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Chapter 4.3, Problem 40E is Solved
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Textbook: Discrete Mathematics and Its Applications
Edition: 7
Author: Kenneth Rosen
ISBN: 9780073383095

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Solved: Using the method followed in Example 17, express