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Australia Economy Two sectors of the Australian economy are (1) tex value for (I – A)-1.

Australia Economy Two sectors of the Australian economy are (1) tex value for (I – A)-1.

Advanced Engineering Mathematics
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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Australia Economy Two sectors of the Australian economy are (1) textiles and (2) clothing and footwear. Suppose the 1977 input-output table involving these two sectors results in the following value for (I – A)¯1. 1.235 0.197 (I – A)-1 = 0.002 1.1697 Complete the following sentences. (a) additional dollars worth of clothing and footwear must be produced to meet a $1 increase in the demand for textiles. (b) 0.197 additional dollars worth of ---Select--- O must be produced to meet a $1 increase in the demand for ---Select---
Transcribed Image Text:Australia Economy Two sectors of the Australian economy are (1) textiles and (2) clothing and footwear. Suppose the 1977 input-output table involving these two sectors results in the following value for (I – A)¯1. 1.235 0.197 (I – A)-1 = 0.002 1.1697 Complete the following sentences. (a) additional dollars worth of clothing and footwear must be produced to meet a $1 increase in the demand for textiles. (b) 0.197 additional dollars worth of ---Select--- O must be produced to meet a $1 increase in the demand for ---Select---
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