I have been told:
"The real numbers are defined to be the set of equivalence classes of pairs of rational sequences $(a_i,b_i)$, where (1) $\{a_i\}$ is increasing, (2) $\{b_i\}$ is decreasing, (3) for each $i=1,2,..., \hspace{2mm} b_i-a_i>0$, and (4) $\lim_{x \to \infty} (b_i - a_i)=0$."
I have then been asked to (1) prove the distributive law of multiplication for numbers, and (2) describe the representation of $\pi$ in this sense.
However, I am struggling with the definition as given to me, and thus I have no clue where to start for either of the other parts.
Any insight into any, or all, of these parts would be very much appreciated.