The following problem refers to a closed Leontief model Suppose the technology matrix for a closed model of a simple economy is given by the following Р М Н Products 0.5 0.1 0.2 Machinery 0.1 0.3 0 A = Households 0.4 0.6 0.8 Find the gross productions for the industries. (Let H represent the number of household units produced, and give your answers in terms of H.) units products units machinery households units

Q: The following problem refers to a closed Leontief model Suppose the technology matrix for a closed…

A: The technological equation for a closed Leontief model is given as follows.

Q: The following technology matrix for a simple economy describes the relationship of certain…

A: a Manufacturing will be output and fuel will be input.From the matrix,0.15  units of fuel required…

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A: Given, technology matrix,            P MA=0.40.20.20.4 where P=Production and M=Machinery. Also…

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A:

Q: 5. We are given with the following set of input-output (x,y) data. x:Temperature (°C) y: Corrosion…

A: Solution : The complete solution is given below in the attachment file.

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Q: Tourism in the 1990s Suppose the following table gives the number of people (in thousands) who…

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Q: A simplified version of input-output analysis of a national economy has the following input-output…

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A: please re-correct Solution of part (A) as follows :

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Q: A Leslie matrix is given below with the usual age groups, 0 year old (0-1), 1 year olds (1-2), etc.…

A: Note: As you asked, solved d for you.

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A:

Q: Write the given permutation matrix as a product of elementary (row interchange) matrices.

A: Given, 0001001001001000 now write it as product of elementary matrices. R1→R30100001000011000

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A:

Q: Example 22 Matrix B shows the number of sightings of rare birds made by members of a birdwatching…

A: a. (i) Given  B=13342521135710P=1111Q=111 To find the product A=PB proceed as follows…

Q: Model II II IV CA 21 16 13 11 A = AR 15 12 6. 4 NV 14 17 10 8 e estimated profits (in thousands of…

A: Matrix multiplication problem

Q: 9. Suppose that three industries are interrelated so that their outputs are used as inputs by…

A: We can solve this by using AP= P

Q: The following technology matrix for a simple economy describes the relationship of certain…

A: (a) Observe from the given technology matrix that for 1 unit of manufactured product 0.25 units of…

Q: Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose…

A: The solution is given below:

Q: (a) For each 120 units of manufactured products produced, how many units of fuels are required?…

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Q: c) Assume that the Malaysian economy consists of two industries: mining and electricity. Each unit…

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Q: The following problem refers to a closed Leontief model. Suppose the technology matrix for a closed…

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Q: Consider the open economy described by the accompanying table, where the input is in dollars needed…

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Q: Let A be the technology matrix  A =    0.4 0.06   0.6 0.01,  where Sector 1 is paper and Sector 2…

A: Given matrix is A=0.40.060.60.01 Also sector 1 is paper and sector 2 is wood. find a) ______units of…

Q: A research company has 3 different laboratories. The number of laboratory assistants at each level…

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Q: (Recall that 1 g. = 1 gram = 1000 milligrams, and 1 kg. = 1 kilogram = 1000 grams.) Suppose the…

A: As per the question we are given the production matrix P and the required number of units. And we…

Q: write the given permutation matrix as a product of elementary (row interchange) matrices

A: We have the given matrix We need to write A as a product of elementary matrices.

Q: 6. Evaluate (in an effortless manner) the capacities of the channels whose matrices are given below.…

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Q: Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose…

A: Given Technology Matrix0.6 0.20.20.4Demand Matrix 947a

Q: &5 The following tables show the value (in billions of dollars) of U.S. international trade…

A: Given data is Export :   Goods Services 2004 807.5 349.7 2005 894.6 388.4 2006 1023.1 422.6…

Q: Find the gross productions for the industries.

A: For a closed Leontief model, (I – A)X = 0. (Here, I is an identity matrix.) Therefore,…

Q: The following problem refers to a closed Leontief model. Suppose the technology matrix for a closed…

A: Given that A=0.50.10.40.10.300.40.60.6 To find the gross production of products, machinery and…

Q: The following problem refers to a closed Leontief model. Suppose the technology matrix for a closed…

A:

Q: 2. In a two-industry economy. it is know that industry I uses 10 cents of its own product and 60…

A: a) Let x represents the output level of industry I and y represents the output level of industry II.…

Q: Find the production matrix for the following input-output and demand matrices using the open model.…

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Q: 2.2. Suppose that A is an n x m matrix, and that B is a k x 1 matrix. For the following values of n,…

A: See the answer below

Q: Suppose also that its technology matrix is represented by the matrix shown below.     P     M   A…

A:

Q: In general Regression Matrix Model, Y=X??+e, X is Select one: a. None of these b. Kx1 column vector…

A: Y=Xβ+e  Where Y(kx1), X(kx1) column vector

Q: 1. The monthly sales (in thousands) of burgers (B1) and bites (B2) in three fast-food restaurants…

A: a) The sales in the months of January and February in the matrix form are represented as:Matrix…

Q: Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose…

A: Given matrix is A=0.6  0.20.2  0.4 and demand vector(D) is D=100 10

Q: PG2 ОPEN Turned in automatically when late peric To produce a unit of electricity, 0.12 units of…

A: Given A=0.120.070.230.24 and D=20004300 We have to find the X=x1x2. We have to solve AX=D ⇒X=A−1D…

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Q: Suppose that an automobile manufacturer has accepted orders for 30 minivans, 25 sport utility…

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Q: Suppose that the economy of a small nation has an electronics industry, a steel industry, and an…

A: Given: A=0.60.20.20.10.40.50.10.20.2, and surplusesD=92252237

Q: Write the given permutation matrix as a product of elementary (row interchange) matrices.

A: We see that we can get the given matrix if we exchange the first and the third row, then exchange…

Q: Suppose that the economy of a small nation has an electronics industry, a steel industry, and an…

A: Consider the matrix, A=ESA0.60.20.20.10.40.50.10.20.2 Let x be the gross production of electronics…

Q: The following problem refers to a closed Leontief model. Suppose the technology matrix for a…

A: We have to find gross productions for the industries.