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Determine the Production Vector X That Will Satisfy Demand in an Economy

Question 57

Multiple Choice

Determine the production vector x that will satisfy demand in an economy with the given consumption matrix C and
final demand vector d. Round production levels to the nearest whole number.
-Compute the matrix of the transformation that performs the shear transformation xAxx \rightarrow A x for A=[10.2001]A = \left[ \begin{array} { l l } 1 & 0.20 \\ 0 & 1 \end{array} \right] and then scales all xx -coordinates by a factor of 0.610.61 .


A)
[0.610.12201]\left[ \begin{array} { l l } 0.61 & 0.122 \\ 0 & 1 \end{array} \right]

B)
[1.610.2002]\left[ \begin{array} { l l } 1.61 & 0.20 \\ 0 & 2 \end{array} \right]

C)
[10.2000.61]\left[ \begin{array} { l l } 1 & 0.20 \\ 0 & 0.61 \end{array} \right]

D)

[0.610.2001]\left[ \begin{array} { l l } 0.61 & 0.20 \\ 0 & 1 \end{array} \right]

Correct Answer:

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