Question: 1.) Given the following technology matrix table and final demand table: Agriculture Industry Services Final Demand (intermediate (intermediate (intermediate demand) demand demand Agriculture (input) 0.095

 1.) Given the following technology matrix table and final demand table:

Agriculture Industry Services Final Demand (intermediate (intermediate (intermediate demand) demand demand Agriculture

1.) Given the following technology matrix table and final demand table: Agriculture Industry Services Final Demand (intermediate (intermediate (intermediate demand) demand demand Agriculture (input) 0.095 0.17 0.01 300 Industry (input) 0.09 0.16 0.11 1000 Services (input) 0.06 0.12 0.20 1500 a.) [3] Explain the economic meaning of the entries 0.09, 0.06, and 1000. b.) [3] Explain the economic meaning of the first row sum of A. c.) [3] Explain the economic meaning of the third column sum of A. d.) [3] Differentiate between the technology input matrix and Leontief matrix. e.) [18] Using any method from Matrix Algebra, find the output levels of the three industries. Round off final answers to three decimal places

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