Suppose that there are only 3 industries in the economy and that the input coefficient matrix is as follows: [a11 12 13] [0.2 0.3 0.21 A=a21 a2z a23 = 0.4 0.1 0.2 a31 a32 33 10.1 0.3 0.2] Find the (a) impact multipliers (b) forward and backward linkages (c) intra and inter sector effects (d) various output to be produced by each industry so as to have equilibrium(no [10] deficit or surplus) if the final demand is b = 5 and (e) volume of primary inputs needed to satisfy the final demand above.

Chemistry
10th Edition
ISBN:9781305957404
Author:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Chapter1: Chemical Foundations
Section: Chapter Questions
Problem 1RQ: Define and explain the differences between the following terms. a. law and theory b. theory and...
icon
Related questions
Question
None
Suppose that there are only 3 industries in the economy and that the input
coefficient matrix is as follows:
[a11 12 13] [0.2 0.3 0.21
A=a21
a2z a23 = 0.4 0.1 0.2
a31
a32 33 10.1 0.3 0.2]
Find the
(a) impact multipliers
(b) forward and backward linkages
(c) intra and inter sector effects
(d) various output to be produced by each industry so as to have equilibrium(no
[10]
deficit or surplus) if the final demand is b = 5 and
(e) volume of primary inputs needed to satisfy the final demand above.
Transcribed Image Text:Suppose that there are only 3 industries in the economy and that the input coefficient matrix is as follows: [a11 12 13] [0.2 0.3 0.21 A=a21 a2z a23 = 0.4 0.1 0.2 a31 a32 33 10.1 0.3 0.2] Find the (a) impact multipliers (b) forward and backward linkages (c) intra and inter sector effects (d) various output to be produced by each industry so as to have equilibrium(no [10] deficit or surplus) if the final demand is b = 5 and (e) volume of primary inputs needed to satisfy the final demand above.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Chemistry
Chemistry
Chemistry
ISBN:
9781305957404
Author:
Steven S. Zumdahl, Susan A. Zumdahl, Donald J. DeCoste
Publisher:
Cengage Learning
Chemistry
Chemistry
Chemistry
ISBN:
9781259911156
Author:
Raymond Chang Dr., Jason Overby Professor
Publisher:
McGraw-Hill Education
Principles of Instrumental Analysis
Principles of Instrumental Analysis
Chemistry
ISBN:
9781305577213
Author:
Douglas A. Skoog, F. James Holler, Stanley R. Crouch
Publisher:
Cengage Learning
Organic Chemistry
Organic Chemistry
Chemistry
ISBN:
9780078021558
Author:
Janice Gorzynski Smith Dr.
Publisher:
McGraw-Hill Education
Chemistry: Principles and Reactions
Chemistry: Principles and Reactions
Chemistry
ISBN:
9781305079373
Author:
William L. Masterton, Cecile N. Hurley
Publisher:
Cengage Learning
Elementary Principles of Chemical Processes, Bind…
Elementary Principles of Chemical Processes, Bind…
Chemistry
ISBN:
9781118431221
Author:
Richard M. Felder, Ronald W. Rousseau, Lisa G. Bullard
Publisher:
WILEY