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Economic Thinking Problem Set1

Use the following graph to answer questions 1 through 3:

1. What is the rise of the line?

2. What is the run of the line?

3. Finally, what is the slope of the line?

1
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4. Solve for x in the following equation:

x=3+2*9

x=

5. Solve for y in the following equation:

y = (6 + 3)/10

y=

6. Given the following two equations, solve for x:

y = 6 + 10 x

y=3

x=

7. Given the following two equations, solve for y:

x = 7y - 3

x=6

y=

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