Two Sectors of Some Economy Are Sector 1 and Sector $$( I - A ) ^ { - 1 }$$

question 51

Multiple Choice

Two sectors of some economy are Sector 1 and Sector 2. The input-output table involving these two sectors results in the following value for $$( I - A ) ^ { - 1 }$$ $$( I - A ) ^ { - 1 } = \left[ \begin{array} { c c } 1.21 & 0.155 \\0.002 & 1.1242\end{array} \right]$$
How many additional dollars worth of production of Sector 2 must be produced to meet a $1 increase in the demand for products of Sector 1

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Definitions:

Doxing

The act of publicizing private or identifying information about an individual online without their consent, often for malicious purposes.

Community Relationships

The connections and networks developed among individuals within a community that facilitate cooperation and support.

Social Capital

The networks, relationships, and norms that enable collective action and contribute to the social cohesion and economic prosperity of communities.

Legitimate Power

Authority that an individual or group possesses that is accepted and recognized by others, often stemming from a formal position or role.