0.0 0.5 Consider the production model x= Cx+d for an economy with two sectors, where C = 0.6 0.6 Use an inverse matrix to determine the production level necessary to satisfy the final demand. The inverse matrix used is and d= 20 50

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.6: The Algebra Of Matrices
Problem 13E
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0.0 0.5
Consider the production model x = Cx+d for an economy with two sectors, where C=
0.6 0.6
Use an inverse matrix to determine the production level necessary to satisfy the final demand.
The inverse matrix used is
and d=
20
50
Transcribed Image Text:0.0 0.5 Consider the production model x = Cx+d for an economy with two sectors, where C= 0.6 0.6 Use an inverse matrix to determine the production level necessary to satisfy the final demand. The inverse matrix used is and d= 20 50
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