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Suppose an economy has only two sectors, Goods and Services. Each year, Goods sells80% of its output to Services and keeps the rest, while Services
Suppose an economy has only two sectors, Goods and Services. Each year, Goods sells80% of its output to Services and keeps the rest, while Services sells 70% of its output to Goods and retains the rest. Find the equilibrium prices for the annual outputs of the Goods and Services sectors that make each sector's income match its expenses
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