Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollars).ToEquipmentComponentsFrom6,200600 Components23,00032,000Total Output90,000140,000Determine the production levels (in dollars) necessary in these two sectors to meet an external demand for $78,000 million of communication equipment and $92,000 million of electronic components. Round answers to two significant digits.

Name: Two sectors of the U.S. economy are (1) audio, video, and communicatio
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Description: Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollar

Given the Input-Output table To Equipment Components From 6,200 600 Components 23,000…

Answered: Two sectors of the U.S. economy are (1)…

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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Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollars).

To	Equipment	Components
From	6,200	600
Components	23,000	32,000
Total Output	90,000	140,000

Determine the production levels (in dollars) necessary in these two sectors to meet an external demand for $78,000 million of communication equipment and $92,000 million of electronic components. Round answers to two significant digits.

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