The consumption matrix C for the U.S. economy in 1972 has the property that every entry in

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The consumption matrix C for the U.S. economy in 1972 has the property that every entry in the matrix (I - C)-¹ is
nonzero (and positive)1. What does that say about the effect
of raising the demand for the output of just one sector of the
economy?

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Linear Algebra And Its Applications

ISBN: 9781292351216

6th Global Edition

Authors: David Lay, Steven Lay, Judi McDonald

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