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

question 104

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 $$( I - A ) ^ { - 1 }$$ $$( I - A ) ^ { - 1 } = \left[ \begin{array} { c c } 1.0965 & 0.04361 \\0.00536 & 1.07515\end{array} \right]$$
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 2

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Definitions:

Operating Effectiveness

A measure of how well a company's operations and business systems are managed to achieve performance goals.

Capital Maintenance

A company's ability to maintain the level of its capital after covering its expenses, ensuring that its financial health and capacity to generate shareholder value are preserved.

Net Assets

This term refers to the total value of assets minus the total value of liabilities.

New Capital

Funds obtained by a company to finance its operations, expansion, or other projects, which can come from debt or equity sources.