Question

Open Leontief input-output model . If not the whole output but only a portion of it

is consumed by the industries themselves, then instead of Ax = x, we have

x- Ax = y, where



T

x= x1 x2 x3

is produced. Ax is consumed by the industries, and, thus, y is the net

production available for other consumers. Find for what production x a given

deemed vector

T

Y= 0.1 0.3 0.1

can be achieved if the consumption matrix is

0.1 0.4 0.2

A = 0.5 0 0.1

0.1 0.4 0.4​

Answer 1

Answer:

Sorry this question is too long