Input-Output Analysis - Overview, Sample Table, Uses
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SOLVED: The input-output matrix for a simplified economy with just three sectors (agriculture, manufacturing, and households) is given to the right.Agriculture Manufacturing HouseholdsAgriculture 0.26 0.42 0.111Manufacturing 0.12 0.11 0.134Households 0.77 3.54 0.112What production levels are needed to meet the demand in agriculture, manufacturing, and households, respectively, given the demand matrix shown at the right?D
SOLVED: The input-output matrix for a simplified economy with just three se…
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