An economy has three industries, government (G), Agriculture (A) and manufacturing (M) The input output table for three industries is given as Input to G A M Final demand Total output Output From G 400 200 200 200 1000 A 200 400 100 300 1000 M 200 100 300 400 1000 Primary inputs 200 300 400 Calcula...

An economy has three industries, government (G), Agriculture (A) and manufacturing (M). The input output table for

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An economy has three industries, government (G), Agriculture (A) and manufacturing (M). The input output table for three industries is given as:

		Input to
		G	A	M	Final demand	Total output
Output From	G	400	200	200	200	1000
	A	200	400	100	300	1000
	M	200	100	300	400	1000
	Primary inputs	200	300	400

Calculate the total output required for each industry when the final demand changes to 300,350 and 450 for government, agriculture and manufacturing respectively

Related Book For answer-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Posted Date: Jan 12, 2023 11:57 PM

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An economy has three industries, government (G), Agriculture (A) and manufacturing (M). The input output table for

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Mathematical Applications for the Management Life and Social Sciences

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