In This Problem Matrix a Is an Input-Output Matrix Associated

question 8

Short Answer

In this problem 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. The final output of first industry is $ __________ million.
The final output of second industry is $ __________ million.

---

Definitions:

Rosa Parks

An African American civil rights activist whose refusal to give up her seat on a segregated bus in Montgomery, Alabama, in 1955 led to a citywide boycott and became a symbol of the fight against racial segregation.

Predatory Lending

Unethical practices by lenders who impose unfair and abusive loan terms on borrowers, often through high interest rates or unreasonable fees.

Loans

Money, property, or other material goods given to another party in exchange for future repayment of the loan value amount with interest or other finance charges.

Market Averages

Statistical measures that provide a snapshot of the overall movement and health of the stock market, typically represented by indices like the Dow Jones Industrial Average.