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An economy has the two industries agriculture (A) and manufacturing (M). The current consumption is given by the table A M External Demand Total Output
An economy has the two industries agriculture (A) and manufacturing (M). The current consumption is given by the table
A M External Demand Total Output A 20 30 50 100 M 25 45 80 150 Assume the new external demand is 77 units of agriculture, and 113 units of manufacturing . Determine the new production levels.
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