Problems 33-38 refer to closed Leontief models.
Suppose the technology matrix for a closed model of a simple economy is given by matrix A. Find the gross productions for the industries.
Want to see the full answer?
Check out a sample textbook solutionChapter 3 Solutions
Mathematical Applications for the Management, Life, and Social Sciences
- Algebra for College StudentsAlgebraISBN:9781285195780Author:Jerome E. Kaufmann, Karen L. SchwittersPublisher:Cengage Learning