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gAssignment 1

Course Code- HS215

S V, 'S '

V
Q1. Let

be a vector space.

S
is said to be a subspace if

is itself a vector space.

S
Show that if the elements of

satisfies

For S1 , S 2 S , S1 S 2 S

a)

For c 1 , c S1 S
b)

S
Then

is a subspace?

S
Prove that if elements of
space.

satisfy (a) and (b) then it should satisfy all the properties of the vector

x1 , x2 ,..., xn V
Q2. A set of vector

is said to span the entire set if any element

V , c1 x1 c2 x2 ... cn xn
.

x1 , x2 ,..., xn
i) What can be said about

. Are they dependent or independent?

x1 , x2 ,..., xn
ii) Suppose

c1 , c2 ,..., cn
are independent (i.e, they form a basis). Is

unique given

x1 , x2 ,..., xn
.
Q3. Why must a real or complex non zero vector space contain an infinite number of vectors?

Q4. Sketch a picture in

1

3
2

of the subspace spanned by each of the following:

2 3

, 6 , 9

4 6

i)

4

0
0

0

, 5 ,

0

1
0

ii)
Q5. Let X and Y be two subspaces of a vector space V.
i) Prove that the intersection

X Y

is also a subspace of V.
1

ii) Show that the union

X Y

need not be a subspace of V.

Q6. Suppose that the supply and demand for baseball caps for a particular week are

p 0.4q 3.2

p 1.9q 17

and
where p is the price in dollars and q is the quantity in hundreds.
i) Find the supply and demand if baseball caps are $4 each. Comment on the stability of the baseball
cap market at this price level.
ii) Find the supply and demand if baseball caps are $9 each. Discuss the stability of the baseball cap
market at this price level.
iii)Find the equilibrium price and quantity by matrix method.

Q7. Suppose that the demand and supply functions are numerically as follows:

Qd 1 10 2 P1 P2
Qs1 2 3P1
Qd 2 15 P1 P2
Qs 2 1

2P2

What will be the equilibrium solution? Use the matrix elimination method.

2 1 1 0
A 4 2 1 2
6 3 2 2
Q8) Consider the matrix
Determine the total number of linearly independent subsets that can be constructed using the columns
of A?
Q9) Suppose that in a population of a million children the height of each one is measured at ages 1
year, 2 years, 3 years, and accumulate this data in a matrix:

h11 h12 h13


h h h
21 22 23
.
.
.

H .
.
.
h i1 h i 2 h i 3

.
.
.
.
.
.

Explain why there are at most three independent children in the sense that the heights of all the
other children must be a combination of these independent ones.

Q10) Consider a particular species of wildflower in which each plant has several stems, leaves and
flowers and for each plant let the following hold:
S (col. 1)= Average stem length (in inches)
L (col. 2)=Average leaf width (in inches)
F (col. 3)= No. of flowers.
Four particular plants are examined, and the information is tabulated in the following matrix:

1
2
A
2

1
1
2
2

10
12
15

17

For these four plants determine, whether or not there exists a linear relationship between S,L and F. In
other words, does there exists constants a0, a1, a2, a3 such that a0+a1S+a2L+a3F=0?
Q11) Without doing any computation, determine whether the following matrix is singular or nonsingular:

n 1 1 ..... 1
1 n 1 ..... 1

1 1 n ......1

.
.

. .
. .

.
.

1 1 1......

nn

Q12) Verify that the rank (ATA)=rank (A)=rank(AAT) for

1 3 1 -4
A -1 -3 1 0
2 6 2 -8
Q13) If V is an n-dimensional space, explain why every independent subset S={v 1,v2,,vn}V
containing n vectors must be a basis for V?
Q14) Consider the system of equation given in the form of

Ax=b where

is a 32 matrix

[ ][ ] [ ]
b1
1 2
x1
=
2 1
b2
3
4 x2
b3

Determine the Column space of


What conditions

A , C( A)

b1 , b2 and b3 so that the above system of equation has a solution.

Q15) Consider the system of equation

2 x 1 + x 2x 4 +6 x 53 x 6=7
4 x 1+ 3 x 2 + x 3+ 2 x 5x 6=9

x 1+5 x 2+ x3 + x 4 + 2 x 5x 6=4
x 2 + x 3x 4 +3 x 54 x6 =3
a. Write the equation in

Ax=b form

b. Determine the elimination matrix

E to transform the equation to a row echleon form.

c. Find the C(A)


d. Determine the general solution of the above system of equation.

Q-16)
a. Consider an I-O system with three sectors, s1 s2 and s3 with the following I-O coefficient matrix

0.2 0.1 0.1


0.3 0.6 0.4
0.2 0.2 0.1

. Suppose the final demand of the sector s1, s2 and s3 is 100,50 and 120

respectively the what should be the final output in each sector.


Suppose the final income relationship is
b. Suppose the final income relationship relating to each sector is

I =0.3 s 1+ 0.5 s 2+0.2 s 3. If the final demand of sector 1 increase from 100 to 150 then by how
much the final income should increase.
Q-17)
Consider the complete Keynesian model that was taught in the class meeting.

Find the expression of i)

dY
dM

ii)

dP
dG

iii)

dP
dM

iv)

dY
dM .

Explain the economic interpretation of the above expression

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