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refer to image below. A simplified version of Leontief's analysis of the 1947 American economy has the following input-output matrix: Agriculture | Manufacturing | Households
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A simplified version of Leontief's analysis of the 1947 American economy has the following input-output matrix: Agriculture | Manufacturing | Households Agriculture 0.245 0.102 0.051 Manufacturing 0.099 0.291 0.279 Households 0.433 0.372 0.011 2.6 Suppose the demand matrix (in billions of dollars) is D = {30.3 34.1 Find the amount of each commodity that should be producedStep by Step Solution
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