Question
Use Leontief's input-output table for the six sectors of the economy of the United States for 1958 to find the production schedule (total outputs)
Use Leontief's input-output table for the six sectors of the economy of the United States for 1958 to find the production schedule (total outputs) required to fulfill each of the final demands below. Sector FN FM E S Final demand A 100,000 100,000 100,000 100,000 100,000 100,000 Final demand B 300,000 200,000 400,000 100,000 100,000 900,000 Final demand C Final demand D 30,000 10,000 20,000 60,000 50,000 50,000 10,000 10,000 90,000 80,000 20,000 10,000 Print each of the demand values and the calculated output values for each of the six economic sectors as in the example.
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Producing 1 unit of FN requires 0170 units of FN to produce this is the intermediary demand for FN A...Get Instant Access to Expert-Tailored Solutions
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Business Statistics A Decision Making Approach
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
9th Edition
013302184X, 978-0133021844
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