Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology

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Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology matrix M and final demand matrices (in billions of dollars) are

Repeat Problem 4 for D3.
Problem 4
Find the output for each sector that is needed to satisfy the final demand D1.

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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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Question Posted: Apr 14, 2016 07:44 AM

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Assume that an economy is based on two industrial sectors, agriculture (A) and energy (E). The technology

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A 0.4 0.2 E L0.2 0.1 12 D2- D3 -

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Thus x 1 252 ...View the full answer

College Mathematics for Business Economics Life Sciences and Social Sciences

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