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
From
1
79
1,094
0
1,233
2
64,859
13,086
7
1,074
3
0
0
21,787
0
4
0
0
0
1,375
Total Output
230,677
135,110
129,374
44,140
?
Determine how these four sectors would react to an increase in demand for Sector 1 production of $1000 million.
?
A.
B. ?
C. ?
D. ?
E. ?
Answer: D
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A.
B.
C.
D.
Perform the indicated operations using the laws of exponents. Express the result using positive exponents.
What will be an ideal response?