Question: The technology matrix for an economy based on energy (E) and transportation (T) is (A) Find the output for each sector that is needed to
.png)
(A) Find the output for each sector that is needed to satisfy a final demand of $50 million for energy and $50 million for transportation.
(B) Discuss the effect on the final demand if the transportation output in part (A) is increased by $40 million
E 0.25 0.25 T L0.4 0.2
Step by Step Solution
3.48 Rating (181 Votes )
There are 3 Steps involved in it
A The technology matrix and the final demand matrix The inputoutput matrix equation is X MX D or Th... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
828-B-F-F-M (3762).docx
120 KBs Word File
