[Solution Library] Assume that an economy is based on three industrial sectors, Agriculture (A), Building (B) and Energy (E). The technology matrix M is A
Question: Assume that an economy is based on three industrial sectors, Agriculture (A), Building (B) and Energy (E). The technology matrix M is
A B E
A .4 .2 .1
B .1 .4 .2 = M
E .2 .1 .5
How Much input from A,B and E are required to produce a dollar’s worth of output for B
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