0 Question 3 a ono pts '0 4 :3 99 (D Details The input-output [consumption] matrix for a closed economy is given below. Solve the associated input- output model. Use 1' if you need a variable in your answer. 0.26 0.26 0.06 0.04 0.07 0.26 0.7 0.67 0.68 Fl l y=l_l z=l l Question Help: 3 Message instructor Submit Question Question 4 0/10 pts ( 4 99 0 Details The input-output (consumption) matrix for a closed economy is given below. Solve the associated input- output model. User if you need a variable in your answer. [0.14 0.36] 0.86 0.64 Screen Screen Show in y The New Question Help: Message instructor Submit QuestionQuestion 5 0/10 pts 4 99 0 Details A simplified version of Leontief's analysis of the 1947 American economy has the following input-output matrix: Agriculture Manufacturing Households Agriculture 0.245 0. 102 0.051 Manufacturing 0.099 0.291 0.279 Households 0.433 0.372 0.011 3.3 Suppose the demand matrix (in billions of dollars) is D = 33.7 34.7 Find the amount of each commodity that should be produced Agriculture = Manufacturing = Households = Question Help: Message instructor Submit Question0 Question 6 B 0H0 pts '0 4 S 99 (D Details An economy has three industries, farming, building, and clothing. For every dollar of food produced, the farmers use $0.04, the builders use $0.12, and the tailors use 50.14. For every dollar of building, the builders use $0.09, the farmers use $0.09, and the tailors use $0.09. For every dollar of clothing produced, the tailors use $0.03. the builders use $0.16, and the farmers use $0.03. If the external demand for food is $110 million, for building is $230 million, and for clothing is $160 million, what should be the total production for each industry? Farming production = 5| 'million Building production = SI I million Clothing production 2 5| I million Question Help: 8 Message instructor Submit Question 0 Question 7 E 0110 pts '0 4 Z 99 6) Details Chris and Ed decide to help each other by doing repairs on each other's houses. Chris is a carpenter and Ed is an electrician. Chris does carpentry work on his house as well as on Ed's house. Similarly, Ed does electrical repairs on his house and on Chris's house. When they are all finished they realize that Chris spent 43% of his time on his own house and 53% of his time on Ed's house, and that Ed spent 58% of his time on his own house and 42% of his time on Chris's house. If they originally agreed that the total of the work should amount to $15000, how much money should each get for their work? Chris: 5' I Ed: 5| ' Question Help: 8 Message instructor Submit Question I Question 6 M (N10 pts '0 4 Z 99 L'J Details An input-output analysis of a national economy has the following input-output tableau. Agriculture Manufacturing Households Agriculture Manufacturing Households A. units of Manufacturing are used to produce one unit of Households. B. Demand for the threo sectors is Manufacturing: $31 billion Agriculture: $2.9 billion Households: $34.3 billion Find the amount of each commodity that should be prodUCed. Agriculture: 5 billion Manufacturing: '5 billion Households: 5 billion Question Help: E Message instructor Submit