A simplified economy has three industries: manufacturing M, transportation T, and service S. The input-output matrix for this economy is Input requirements of M 0.20 0.15 0.101 s 0.20 0.10 0.10 M T S...
The input-output matrix for a simplified economy with just three sectors (agriculture, manufacturing, and households) is given below. Agriculture Manufacturing Households Agriculture 0.26 0.42 0.109 Manufacturing 0.12 0.14 0.116 Households 0.77 3.51 0.106 A. How many units from each sector does the agriculture sector require to produce 1 unit? The agriculture sector requires units from agriculture, units from manufacturing, and units from households.
please write matlab code it should be around 20 lines Consider an open economy with three industries: coal-mining operation, electricity- generating plant and an auto-manufacturing plant. To produce $1 of coal, the mining operation must purchase $0.1 of its own production, $0.30 of electricity and $0.1 worth of automobile for its transportation. To produce $1 of electricity, it takes $0.25 of coal, $0.4 of electricity and $0.15 of automobile. Finally, to produce $1 worth of automobile, the auto-manufacturing plant must...