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

question 78

Essay

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.
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Round each answer to two decimal places, if necessary.
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$__________ million output of the first sector
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$__________ million output of the second sector
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$__________ million output of the third sector

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Definitions:

Direct Funding

Direct funding refers to the allocation of financial resources directly to a specific project, program, or organization without intermediaries.

Organization

An entity, such as a company, government body or nonprofit, composed of individuals working together to achieve common goals or perform specific functions.

Reimbursement Basis

A payment method where expenses are paid back after they have been incurred, often used in contracts and employment agreements.

Contracted Work

Work undertaken by a person or company based on a contractual agreement with another party, typically specifying the work to be done, timeline, and payment.