The consumption matrix C below is based on inputoutput data for the U.S. economy in 1958, with
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The consumption matrix C below is based on input–output data for the U.S. economy in 1958, with data for 81 sectors grouped into 7 larger sectors: (1) nonmetal household and personal products, (2) final metal products (such as motor vehicles), (3) basic metal products and mining, (4) basic nonmetal products and agriculture, (5) energy, (6) services, and (7) entertainment and miscellaneous products.2 Find the production levels needed to satisfy the final demand d. (Units are in millions of dollars.)
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Linear Algebra And Its Applications
ISBN: 9781292351216
6th Global Edition
Authors: David Lay, Steven Lay, Judi McDonald
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