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3. no marks] An economic study of the job situation in Dttawa has just been completed. The survey shows that jobs in the |i'Jtt-tiwa area

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3. no marks] An economic study of the job situation in Dttawa has just been completed. The survey shows that jobs in the |i'Jtt-tiwa area are currently distributed as follows: 4D% in government, 3056 in high technology, and spas in services. The study also includes forecasts of future job distributions, which are based on a Markov chain model of single-year job migration between sectors shown in the following table [table entries are in percent}. ngh technnlusv a} what percent of Ottawa jobs will be in each sector 1, 2, and 3 years from now? b} 1Il'lihat is the expected distribution of jobs by sector at steady state? What is expected to happen in the services sector {will it grow or shrink}

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