The? input-output matrix for a simplified economy with justthree sectors? (agriculture, manufacturing, and? households) isgiven below.
??????? ? Agriculture Manufacturing Households
Agriculture | Manufacturing | Households |
| | 0.29 | 0.44 | 0.105 | 0.12 | 0.11 | 0.115 | 0.76 | 3.53 | 0.123 |
| |
A.??How many units from each sector does the agriculture sectorrequire to produce 1? unit?
The agriculture sector requires _____units from? agriculture,____units from? manufacturing, and ___units from households.
B.??What production levels are needed to meet a demand of 32units of? agriculture, 34 units of? manufacturing, and 34 units of?households?
Production levels of ____units of? agriculture,___units of?manufacturing, and _____units of households are needed.???(Round tothe nearest whole number as? needed.)
C.??How many units of manufacturing are used up in the?economy's production? process?
The? economy's production process uses up_____ units ofmanufacturing.
?(Round to the nearest whole number as? needed.)
