Assume that an economy is based on three industrial sectors: agriculture (A), building (B), and energy (E).

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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
Assume that an economy is based on three industrial sectors:

Given

Assume that an economy is based on three industrial sectors:

Show that (I-M)-1(I-M) = 1

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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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