For the following transaction matrix, find the gross output to meet the final demand of 200 units of Agriculture and 800 units of Industry: Producing Sector Purchasing Sector Agriculture Industry Final Demand Agriculture 300 600 100 Industry 400 1200 400

For the following transaction matrix, find the gross output to meet the final demand of 200 units of Agriculture and 800 units of Industry: Producing Sector Purchasing Sector Agriculture Industry Final Demand Agriculture 300 600 100 Industry 400 1200 400

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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For the following transaction matrix, find the gross output to meet the final demand of
200 units of Agriculture and 800 units of Industry:
Producing Sector
Purchasing Sector
Agriculture
Industry
Final Demand
Agriculture
300
600
100
Industry
400
1200
400

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