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

question 146

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) $19.91 million, $21.48 million and $9.04 million output of the first, the second and the third sectors respectively
• B) $27.91 million, $21.48 million and $2.04 million output of the first, the second and the third sectors respectively
• C) $19.91 million, $25.48 million and $2.04 million output of the first, the second and the third sectors respectively
• D) $27.91 million, $25.48 million and $9.04 million output of the first, the second and the third sectors respectively

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Definitions:

Credit Business

A business or practice that involves the provision of credit, loans, or financing to consumers or other businesses.

Classified Advertisement

A form of advertising, typically found in newspapers and online platforms, which allows individuals and businesses to solicit offers for products, services, employment, etc., often categorized by subject.

Uniform Electronic Transactions Act

A law that ensures the validity and legal effect of contracts formed electronically.

Electronic Agents

Computer systems or software programmed to autonomously perform tasks on behalf of users, such as processing information or executing transactions.