Question: P 4 ( 7 0 points ) : Using the transactions table provided ( in millions of dollars ) , build an Input - Output

P4(70 points): Using the transactions table provided (in millions of dollars), build an Input-
Output model for a ten-sector economy that can calculate the direct, indirect, and total
economic effects given a set of final sector demands (this can be done in Excel, Matlab, or
any software application you choose).
where, Sector 1 is Agriculture, Sector 2 is Mining, Sector 3 in Utilities, Sector 4 is
Construction, Sector 5 is Manufacturing, Section 6 is Retail, Sector 7 is Finance, Sector 8 is
Health Care, Sector 9 is Education, Sector 10 is Accommodation and Food Services.
(a) Describe in words what the values of 1,1
1,4, and 6,1 in the table above
represent.
 P4(70 points): Using the transactions table provided (in millions of dollars),

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