Solved

Matrix a Is an Input-Output Matrix Associated with an Economy

Question 241

Essay

Matrix A is an input-output matrix associated with an economy, and matrix D (units in millions of dollars) is a demand vector. Find the final outputs of each industry so that the demands of both industry and the open sector are met.
Matrix A is an input-output matrix associated with an economy, and matrix D (units in millions of dollars) is a demand vector. Find the final outputs of each industry so that the demands of both industry and the open sector are met. ​   ​ Round each answer to one decimal place, if necessary. ​ $__________ million output of the first sector ​ $__________ million output of the second sector ​ $__________ million output of the third sector
Round each answer to one decimal place, if necessary.

$__________ million output of the first sector

$__________ million output of the second sector

$__________ million output of the third sector

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions