An input-output analysis of a national economy has the following input-output tableau. Agriculture Manufacturing Households 0.245 0.051 0.099 0.279 0.433 0.011 A. Agriculture Manufacturing Households units of Agriculture are used to produce one unit of Households. B. Demand for the three sectors is Manufacturing: $34.1 billion Agriculture: $3.5 billion Households: $34.7 billion Find the amount of each commodity that should be produced. Agriculture: S Manufacturing: S Households: S billion 0.102 0.291 0.372 billion billion

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An input-output analysis of a national economy has the following input-output tableau.
Agriculture Manufacturing Households
0.245
0.051
0.099
0.279
0.433
0.011
A.
Agriculture
Manufacturing
Households
units of Agriculture are used to produce one unit of Households.
B. Demand for the three sectors is
Manufacturing: $34.1 billion
Agriculture: $3.5 billion
Households: $34.7 billion
Find the amount of each commodity that should be produced.
Agriculture: $
Manufacturing: $
Households: S
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billion
0.102
0.291
0.372
billion
billion
Transcribed Image Text:An input-output analysis of a national economy has the following input-output tableau. Agriculture Manufacturing Households 0.245 0.051 0.099 0.279 0.433 0.011 A. Agriculture Manufacturing Households units of Agriculture are used to produce one unit of Households. B. Demand for the three sectors is Manufacturing: $34.1 billion Agriculture: $3.5 billion Households: $34.7 billion Find the amount of each commodity that should be produced. Agriculture: $ Manufacturing: $ Households: S Question Help: Message instructor Submit Question billion 0.102 0.291 0.372 billion billion
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