Question: Consider the production model x = Cx + d for an economy with two sectors and the consumption matrix C. Complete parts a and b

Consider the production model x = Cx + d for an economy with two sectors and the consumption matrix C. Complete parts a and b below. 0.4 0.2 C = 0.5 0.0 a. Determine the production level necessary to satisfy a final demand for 1 unit of output from sector 1. The production level is (Type integers or decimals.) 53 b. Use an inverse matrix to determine the production level necessary to satisfy a final demand of 33 The production level is (Type integers or decimals.)

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