Question
? Given the input matrix and the final-demand vector [0.2 0.3 0.21 0.4 0.1 0.2 d L0.1 0.3 0.21 A = 0.4 i) ii) iii)
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Given the input matrix and the final-demand vector [0.2 0.3 0.21 0.4 0.1 0.2 d L0.1 0.3 0.21 A = 0.4 i) ii) iii) iv) v) vi) = [10] 5 6 Explain the economic meaning of the elements 0.4 and 10. Explain the economic meaning (if any) of the third-column sum. Explain the economic meaning (if any) of the third-row sum. Explain the economic meaning (if any) of the third-column. Explain the economic meaning (if any) of the third-row. Find the solution output level by matrix inversion and Cramer's rule.
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
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