P3 12. Given the input-output matrixIndustryOil1803672IndustryFinalDemandHousing144HealthHealth24012012036OilHousingOther484824015624012072Suppose final demand changes to 77 for Health, 154 Oil, and 231 for Housing. Find theoutput matrix for the economy. (The entries are in billions of pesos).

Following are the demand and input-output combinations which are provided -

12. Given the input-output matrix Industry Oil 180 36 72 72 Industry Final Demand Housing 144 Health Health 240 120 120 120 36 Oil 48 156 Housing Other 48 240 240 Suppose final demand changes to 77 for Health, 154 Oil, and 231 for Housing. Find the output matrix for the economy. (The entries are in billions of pesos).

12. Given the input-output matrix Industry Oil 180 36 72 72 Industry Final Demand Housing 144 Health Health 240 120 120 120 36 Oil 48 156 Housing Other 48 240 240 Suppose final demand changes to 77 for Health, 154 Oil, and 231 for Housing. Find the output matrix for the economy. (The entries are in billions of pesos).

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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