Solve the System by Solving the Corresponding Matrix Equation with an Inverse

question 97

Essay

Solve the system by solving the corresponding matrix equation with an inverse, if possible.
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Enter the answer in the form , , .

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Definitions:

Public Expenditure

Government spending on the provision of goods, services, and infrastructure to the public.

Public Good

Services or commodities provided to all societal members without a fee, by the government or a private organization, not for profit.

Tiebout Hypothesis

An efficient mix of public goods is produced when local land/housing prices and taxes come to reflect consumer preferences just as they do in the market for private goods.

Public Goods

Goods that are neither excludable nor rival in consumption, meaning anyone can use them, and one person's use does not diminish the ability of another to use it also.