A simplified version of input output analysis of a national economy has the following input output matrix A.AgricultureManufacturingHouseholdsAgriculture Manufacturing0.2450.0999.4330.1020.2910.372Households0.0510.2790.011units of Households are need to produce one unit of Manufacturing= Agriculture= Manufacturing= HouseholdsB. Given Demand (in billions of dollars) for the three sectors are as follows31.2 = Manufacturing, 3.8-Agriculture 29.2=HouseholdsFind the amount of each commodity that should be produced (nearest 0.1 billion)output matrix:C. If the external demand of Households raises by $1 billion then manufacturing production needs tobillion (nearest 0.1) in order to meet that increase in household externalincrease by $demand

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Answered: A. Agriculture Manufacturing Households…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A newspaper surveyed companies on the annual amount of money spent on television commercials and the estimated number of people who remember seeing those commercials each week. A soft-drink manufacturer spends $40.1 million a year and estimates 78.6 million people remember the commercials. For a package- delivery service, the budget is $22.9 million for 21.9 million people. A telecommunications company reaches 88.9 million people by spending a whopping $154.9 million. Which matrix below DOES NOT represent this situation? (All value in millions) 40.1 22.9 154.9 C = 78.6 21.9 88.9 21.9 22.9] C = 78.6 40.1 59°F Cloudy 一一

The input-output matrix for a simplified economy with just four sectors (natural resources, manufacturing, trade and services, and personal consumption) is given below. Suppose the demand (in millions of dollars) matrix is matrix D given below. Find the amount each sector should produce. SEP Natural Resources Manufacturing Trade and Services Personal Consumption 3 View an example Get more help $ R F 000 000 F4 % om/Player/Player.aspx?cultureld=&theme=math&style=highered&disableStandbyIndicator=true&assignmentHandles 5 T Natural Manufacturing Trade and Resources Services 0.0029 0.0584 0.2031 0.6105 Production levels of units from natural resources, units from manufacturing, units from trade and services, and units from personal consumption are needed. (Round to the nearest whole number as needed.) G 0.1044 0.0827 0.0867 0.6253 F5 6 Y H ▲ F6 0.0429 0.1088 0.1019 0.3447 & 7 U F7 J * 00 8 ►II F8 | K Personal Consumption 0.0031 0.0321 0.3556 0.0798 ( 9 Clear all F9 O D= 0 L F10 450 299 124…
A simplified version of input-output analysis of a national economy has the following input-output matrix: Agriculture Manufacturing Households 0.245 0.051 0.099 0.279 0.433 0.011 A. Agriculture Manufacturing Households 0.102 0.291 0.372 units of Manufacturing are need to produce one unit of Households B. Given Demand (in billions of dollars) for the three sectors are as follows 32.6 = Manufacturing, 3.5-Agriculture 31.8-Households Find the amount of each commodity that should be produced (nearest 0.1 billion) = Agriculture - Manufacturing Households C. If the external demand of Households raises by $1 billion then manufacturing production needs to increase by $ billion (nearest 0.01) in order to meet that increase in household external demand
The input-output matrix for a simplified economy with just three sectors (natural resources, manufacturing, and trade and services) is given below. Natural Resources Manufacturing Trade and Services Natural Resources 0.1045 0.0427 0.0029 Manufacturing 0.0826 0.1087 0.0585 Trade and Services 0.0867 0.1019 0.2031 Suppose the demand (in millions of dollars) matrix is the matrix D, shown below. Find the amount each sector should produce. 451 D= 299 125 Production levels of units from natural resources, units from manufacturing, and units from trade and services are needed. (Round to the nearest whole number as needed.)
Obtain the technology matrix from the input-output table. То A В C From A 200 450 B 400 300 300 C 600 Total Output | 1,000 2,000 3,000

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