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 a31 a2z a23 =0.4 0.1 0.2 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.
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 a31 a2z a23 =0.4 0.1 0.2 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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![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
a31
a2z a23 =0.4 0.1 0.2
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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fba57d4e1-0558-4268-88f1-0494a5d72e74%2F8e374722-b604-4115-85dc-87ae89f22d0a%2Fe3x5aoq_processed.jpeg&w=3840&q=75)
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
a31
a2z a23 =0.4 0.1 0.2
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.
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