To add the vectors (x₁,y₁) and (x₂,y₂), we add the corresponding components …
To add the vectors (x₁,y₁) and (x₂,y₂), we add the corresponding components from each vector: (x₁+x₂,y₁+y₂). Here's a concrete example: the sum of (2,4) and (1,5) is (2+1,4+5), which is (3,9). There's also a nice graphical way to add vectors, and the two ways will always result in the same vector.
This lesson discusses how open market operations effect the rate at which …
This lesson discusses how open market operations effect the rate at which banks lend to each other overnight. [Banking, Money, Finance playlist: Lesson 14 of 24]
This lesson presents more information on the mechanics of the Federal Funds …
This lesson presents more information on the mechanics of the Federal Funds rate and how it increases the money supply. [Banking, Money, Finance playlist: Lesson 15 of 24]
This lesson discusses government debt and treasuries. It explains what it means …
This lesson discusses government debt and treasuries. It explains what it means that Federal Reserve Notes are issued by the Reserve Bank but are not an obligation on the government. [Banking, Money, Finance playlist: Lesson 12 of 24]
This lesson is an introduction to the income statement of a bank, …
This lesson is an introduction to the income statement of a bank, and to income statements, in general. [Banking, Money, Finance playlist: Lesson 2 of 24]
This lesson talks about the pros and cons of various banking systems …
This lesson talks about the pros and cons of various banking systems and talks more about using gold as a standard. [Banking, Money, Finance playlist: Lesson 18 of 24]
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