Given the Set Sketched on the Number Line, Identify the Type

question 157

Multiple Choice

Given the set sketched on the number line, identify the type of interval (open, closed, half-open, open infinite, closed infinite) , write the set using set-builder notation, and write the set using interval notation.
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• A) open interval; \(\{ x \mid - 3 < x < 2 \} ; ( - 3,2 )\)
• B) half-open interval; \(\{ \mathrm { x } \mid - 3 \leq \mathrm { x } < 2 \} ; [ - 3,2 )\)
• C) half-open interval; \(\{ x \mid - 3 < x \leq 2 \} ; ( - 3,2 ]\)
• D) closed interval; \(\{ x \mid - 3 \leq x \leq 2 \} ; [ - 3,2 ]\)

Calculate the impact of inflation on real income and interest rates.

Explain the Fisher effect and its implications for nominal and real interest rates.

Identify and explain the costs associated with changing prices.

Understand the causes and effects of hyperinflation.