(Solution) - Assume that an economy is based on three industrial sectors -(2025 Original AI-Free Solution)
Paper Details
Assume that an economy is based on three industrial sectors: agriculture (A), building (B), and energy (E). The technology matrix M and final demand matrices (in billions of dollars) are
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Problem 11
Use (I-M)-1 in Problem 10 to find the output for each sector that is neede to satisfy the final demand D1.