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An economy has three industries, government (G), Agriculture (A) and manufacturing (M). The input output table for three industries is given as: Input to G

  • An economy has three industries, government (G), Agriculture (A) and manufacturing (M). The input output table for three industries is given as:

Input to

G

A

M

Final demand

Total output

Output From

G

400

200

200

200

1000

A

200

400

100

300

1000

M

200

100

300

400

1000

Primary

 inputs

200

300

400

Calculate the total output required for each industry when the final demand changes to 300,350 and 450 for government, agriculture and manufacturing respectively          

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