Question
An input-output analysis of a national economy has the following input-output tableau. Agriculture Manufacturing Households Agriculture Manufacturing 0.245 0.102 0.051 0.099 0.291 0.279 Households
An input-output analysis of a national economy has the following input-output tableau. Agriculture Manufacturing Households Agriculture Manufacturing 0.245 0.102 0.051 0.099 0.291 0.279 Households 0.433 0.372 0.011 A. units of Agriculture are used to produce one unit of Households. B. Demand for the three sectors is Manufacturing: $30.1 billion Agriculture: $3.3 billion Households: $29.9 billion Find the amount of each commodity that should be produced. Agriculture: S billion Manufacturing: $ billion Households: S billion
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Linear Algebra and Its Applications
Authors: David C. Lay
4th edition
321791541, 978-0321388834, 978-0321791542
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