Matrix a Is an Input-Output Matrix Associated with an Economy

question 258

Multiple Choice

Matrix A is an input-output matrix associated with an economy, and matrix D (units in millions of dollars) is a demand vector. Find the final outputs of each industry so that the demands of both industry and the open sector are met. ​ ​

• A) $32.80 million, $33.00 million and $25.20 million output of the first, the second and the third sectors respectively
• B) $52.80 million, $58.00 million and $25.20 million output of the first, the second and the third sectors respectively
• C) $32.80 million, $58.00 million and $22.20 million output of the first, the second and the third sectors respectively
• D) $52.80 million, $33.00 million and $22.20 million output of the first, the second and the third sectors respectively

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Definitions:

Petty Cash Account

A small amount of cash kept on hand for minor or incidental expenses, controlled through a fund system to manage small business transactions.

Auxiliary Petty Cash Record

A detailed log used to track the small transactions handled through a petty cash fund, aiding in the reconciliation and management of petty cash.

Petty Cash Voucher

A document used to record small cash payments, detailing the purpose of the payment, the amount, and the person who received the funds.

Dehydration

A condition resulting from excessive loss of body water, impairing normal bodily functions.