Leontief’s Input-Output Model - SlideServe
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A simplified version of Leontief's analysis of the 1947 American economy has the following input-output matrix: Agriculture Manufacturing HouseholdsAgriculture 0.245 0.102 0.051Manufacturing 0.099 0.291 0.279Households 0.433 0.372 0.011Suppose the demand matrix (in bill
A simplified version of Leontief's analysis of the 1947 American econo…
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