Suppose B= $\left( \begin{array} { l l } 6 & 2 \\3 & 1\end{array} \right)$

question 125

Short Answer

Suppose B= $\left( \begin{array} { l l } 6 & 2 \\3 & 1\end{array} \right)$ and C= $\left( \begin{array} { l l } 2 & 1 \\0 & 6\end{array} \right)$ . Find a matrix A such that AB=C or prove that no such matrix exists.

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Definitions:

Money Supply

The complete financial resource pool available in an economy at a particular period.

Central Banks

Central banks are national financial institutions that manage a country's currency, money supply, and interest rates, overseeing its monetary policy.

Money Supplies

The overall financial assets tally in an economy at a given point.

Money Supply Curve

A graphical representation showing the relationship between the quantity of money in the economy and the interest rate.