Question: Solve clearly Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700

Solve clearly

Solve clearly Given the input-output matrix below, find the output matrix if

Given the input-output matrix below, find the output matrix if final demand changes to 600 for water, 160 for electric power, and 700 for agriculture. Industry Electric Water Power Agriculture Final Demand Water 100 480 120 230 Industry: Electric Power 100 120 240 150 Agriculture 300 240 180 600 Other 500 360 60 . . . . . The output matrix is X = (Round to two decimal places as needed.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!