Question: Please help with this Webassign problem, thank you! The answers for (b) part 1 are textiles or clothing and footwear and for part (2) are
Please help with this Webassign problem, thank you! The answers for (b) part 1 are textiles or clothing and footwear and for part (2) are textiles or clothing and footwear.

Australia Economy Two sectors of the Australian economy are (1) textiles and (2) clothing and footwear. Suppose the 1977 input-output table involving these two sectors results in the following value for (I A)'1. (I A)'1 _ [1.226 0.191 ] 0.005 1.1691 Complete the following sentences. (a) additional dollars worth of clothing and footwear must be produced to meet a $1 increase in the demand for textiles. (b) 0.191 additional dollars worth of ---Select-- must be produced to meet a $1 increase in the demand for ---Select-
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