A two sector economy has the following input-output matrix 'A' and external [0.2 0.3 0.4 0.1...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A two sector economy has the following input-output matrix 'A' and external [0.2 0.3 0.4 0.1 demand 'D' A= D= 80 60 (i). Determine the total output for the two sectors. (ii). Determine the input requirements for the two sectors. (4marks) (3marks) A two sector economy has the following input-output matrix 'A' and external [0.2 0.3 0.4 0.1 demand 'D' A= D= 80 60 (i). Determine the total output for the two sectors. (ii). Determine the input requirements for the two sectors. (4marks) (3marks)
Expert Answer:
Answer rating: 100% (QA)
The detailed answer for the above question is provided below i To determine the total output for the ... View the full answer
Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
Posted Date:
Students also viewed these economics questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
A hypothetical 2 sector economy has the following input-output relationship Technological Matrix A. A = Producer P Q User P Q 0.3 0.2 0.5 0.4 Suppose final demand for a particular planning period is...
-
A flexible manufacturing system is used to produce three products. The FMS consists of a load/unload station, two automated processing stations, an inspection station, and an automated conveyor...
-
Let us first assume that an estimate k; of the queue length at the beginning of the i-th slot is available. In possession of that in- formation the Pseudo-Bayesian Algorithm is such that each node...
-
According to a summary of the payroll of Glitz Publishing Co., $350,000 was subject to the 6.0% social security tax and $420,000 was subject to the 1.5% Medicare tax. Also, $14,000 was subject to...
-
Let where (a) Find the interval of convergence of the series. (b) Find an explicit formula for (x). f(x) = cx", n=0
-
You are considering financing a new car which cost $\$ 51,300$ with an amortized loan. The nominal rate is $2.9 \%$ per annum, the term of the loan is 6 years, and you will make monthly payments. How...
-
Julie Company came into existence with a $2,000 cash investment by owners on January 1, 2011, and entered into the following transactions during 2011: Sales . . . . . . . . . . . . . . . . . . . . ....
-
You have an outstanding student loan with required payments of $550 per month for the next four years. The interest rate on the loan is 11% APR (compounded monthly). Now that you realize your best...
-
In 20X0 Haleys Department Store devoted 6,000 square feet to the display and sale of clothing, 1,500 square feet to linens and bedding, and 2,000 square feet to jewelry and cosmetics. The store is...
-
Sandhill Buttons uses a petty cash imprest system. The fund was established on September 4 with a balance of $200. On September 30, there were $48 cash and the following petty cash receipts in the...
-
f ( x ) = 2 x + 1 and g ( x ) \ sqrt ( x - 3 ) find the domain of f - g
-
Find the zeros and give the multiplicity of each for the following equation. f(x) = x(4x-1)2(x-6)3
-
The true root of an equation is 1 . 0 1 . One student chooses an initial interval of [ 1 , 2 ] to start the bisection method. What is the absolute true percentage error after 4 steps?
-
A pilot can travel 4 1 6 mikes with the wind in the same amount of time 3 3 6 miles against the wind find the speed of the wind if the pilot speed in still air is 2 3 5
-
Problem 1 Consider the homogeneous system ( S ) w 3 x + 5 y z = 0 2 w x 2 y + z = 0 w 7 y + 7 z = 0 Show that the set of solutions of ( S ) is a vector subspace of R 4 .
-
You work for Marriot Corporation, a company composed of three divisions operating in different industries: lodging, restaurants and contract services. As a result of Marriot's capital budgeting...
-
The population of Detroit, Michigan, decreased from 1,027,974 in 1990 to 688,701 in 2013 (Source: U.S. Census Bureau). Find the average rate of change in the population of Detroit, Michigan, over the...
-
Mustaine Corporation stock currently sells for $57.25 per share. The market requires an 11 percent return on the firms stock. If the company maintains a constant 5 percent growth rate in dividends,...
-
Filer Manufacturing has 7.5 million shares of common stock outstanding. The current share price is $49, and the book value per share is $4. Filer Manufacturing also has two bond issues outstanding....
-
In Problem 9, suppose the average inflation rate over this period was 2.8 percent and the average T-bill rate over the period was 3.6 percent. a. What was the average real return on Yasmins stock? b....
-
In clinical trials of Nasonex, 3774 adult and adolescent allergy patients (patients 12 years and older) were randomly divided into two groups. The patients in group 1 (experimental group) received...
-
Construct a 95% confidence interval for \(\mu_{1}-\mu_{2}\) using the data presented in Table 3. Approach The normal probability plots and boxplot (Figure 10) indicate that the data are approximately...
-
A nutritionist wants to estimate the difference between the proportion of males and females who consume the USDA's recommended daily intake of calcium. What sample size should be obtained if she...
Study smarter with the SolutionInn App