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The economy of a coastal nation consists of three sectors; Energy, Manufacturing and Tourism. The input-output matrix for this economy is given in the displayed

The economy of a coastal nation consists of three sectors;

Energy, Manufacturing and Tourism. The input-output matrix for this economy is given in the displayed below

Energy Manufacturing Tourism

Agriculture 0.2 0.3 0.4

Energy 0.3 0.1 0.2

Tourism 0.1 0.05 0.01

a) Interpret the production matrix (1 marks)

b) If the units are measured in billions of shillings ascertain the amount of Energy consumed in the production of one hundred and fifty billion shillings worth of manufacturing? (1 marks)

c) If total output X =930B

650B

780B , evaluate the total industrial consumption? (4 marks)

d) Compute the autonomous demand (3marks)

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