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1 Write in matrix form, AX = B, the system of equations Solve using the inverse matrix method only. 2. Explain briefly , your understanding

1 Write in matrix form, AX = B, the system of equations

Solve using the inverse matrix method only.

2.

Explain briefly , your understanding of the Input-Output models of W. Leontief.Distinguish between the open and closed models. You may give an example to guide you.

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