Four sectors of some economy are (1) Sector 1, (2) Sector 2, (3) Sector 3, and (4) Sector 4. The input-output table involving these four sectors was as follows (all figures are in millions of dollars)
To
1
2
3
4
From1
76
1,093
0
1,261
2
64,853
13,088
6
1,071
3
0
0
21,784
0
4
0
0
0
1,378
Total Output
230,675
135,100
129,376
44,134
?
Determine how these four sectors would react to an increase in demand for Sector 1 production of $1,000 million. Round your answers to two decimal places.Express the answer as a column matrix.
?
What will be an ideal response?
You might also like to view...
The solution to the equation 9x + 5(x - 5) = 31 is x = 4.
Answer the following statement true (T) or false (F)
Perform the operation. Write the answer as a fraction in lowest terms. ?
A.
B.
C.
D.
Graph the values of x that satisfy the conditions given.x ? - or x ? 2
A.
B.
C.
D.
Find the effective rate of interest.12.75% compounded monthly
A. 13.522% B. 12.955% C. 12.873% D. 13.655%