Multiple Choice
Four sectors of some economy are (1) Sector 1, (2) Sector 2, (3) Sector 3, and (4) Sector 4. The input-output table involving these four sectors was as follows (all figures are in millions of dollars) : How much additional production by the Sector 1 is necessary to accommodate a $1,000 increase in the demand for the products of Sector 4 Please round your answer to two decimal places.
A) $12.78 million
B) $12.38 million
C) $12.58 million
D) $12.28 million
E) $12.08 million
Correct Answer:

Verified
Correct Answer:
Verified
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