Question: 1 Write in matrix form, AX = B, the system of equations -3x+2y=-2 5x-2y=7 Solve using the inverse matrix method only. 2. Explain briefly,

1 Write in matrix form, AX = B, the system of equations

-3x+2y=-2

5x-2y=7

Solve using the inverse matrix method only.

2. Explain briefly, your understanding of the Input-Output models of W. Leontief. Distinguish between the open and closed models. You may give an example to guide you.

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