Consider the economy of Israel in 1958. 11 The threeindustries considered here are I 1 : agriculture, I 2 : manufacturing, I 3 : energy. Outputs and demands are measured in millions ofIsraeli pounds, the currency of Israel at that time. Weare told that b → = [ 13.2 17.6 1.8 ] , v → 1 = [ 0.293 0.014 0.044 ] , v → 2 = [ 0 0.207 0.01 ] , v → 3 = [ 0 0.017 0.216 ] . a. Why do the first components of v → 2 and v → 3 equal 0? b. Find the outputs x 1 , x 2 , x 3 required to satisfydemand.
Consider the economy of Israel in 1958. 11 The threeindustries considered here are I 1 : agriculture, I 2 : manufacturing, I 3 : energy. Outputs and demands are measured in millions ofIsraeli pounds, the currency of Israel at that time. Weare told that b → = [ 13.2 17.6 1.8 ] , v → 1 = [ 0.293 0.014 0.044 ] , v → 2 = [ 0 0.207 0.01 ] , v → 3 = [ 0 0.017 0.216 ] . a. Why do the first components of v → 2 and v → 3 equal 0? b. Find the outputs x 1 , x 2 , x 3 required to satisfydemand.
Solution Summary: The author explains that the first components of stackrelto.v_2 and
Consider the economy of Israel in
1958.
11
The threeindustries considered here are
I
1
:
agriculture,
I
2
:
manufacturing,
I
3
:
energy.
Outputs and demands are measured in millions ofIsraeli pounds, the currency of Israel at that time. Weare told that
b
→
=
[
13.2
17.6
1.8
]
,
v
→
1
=
[
0.293
0.014
0.044
]
,
v
→
2
=
[
0
0.207
0.01
]
,
v
→
3
=
[
0
0.017
0.216
]
.
a. Why do the first components of
v
→
2
and
v
→
3
equal 0? b. Find the outputs
x
1
,
x
2
,
x
3
required to satisfydemand.
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