Question: Repeat Problem 33 with the following table: Problem 33 An economy is based on four sectors, agriculture (A),energy (E), labor (L), and manufacturing (M).The table

Repeat Problem 33 with the following table:
Repeat Problem 33 with the following table:
Problem 33
An economy is

Problem 33
An economy is based on four sectors, agriculture (A),energy (E), labor (L), and manufacturing (M).The table gives the input requirements for a dollar's worth of output for each sector, along with the projected final demand (in billions of dollars) for a 3-year period. Find the output for each sector that is needed to satisfy each of these final demands. Round answers to the nearest billion dollars.

Repeat Problem 33 with the following table:
Problem 33
An economy is

Output Final Demand A E L M 2 3 0.07 0.09 0.27 0.12 18 22 37 Input 0.14 0.07 0.2 0.24 26 31 42 L 0.17 0.06 0.02 0.21 12 19 28 0.15 0.13 0.31 0.19 41 45 49 Output Final Demand A E LM 2 3 A 0.0S 0.17 0.23 0.09 23 32 55 Input E 0.07 0.12 0.15 0.19 41 48 62 L 0.25 0.08 0.03 0.32 18 21 25 M 0.1 0.19 0.28 0.16 31 33 35

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The technology matrix is The inputoutput matrix equation is X MX D Where and D is the final demand ... View full answer

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