Consider a two sector economy with input-output matrix A= [0.4 0.5] [0.2 0.6] (a) Are the sectors in the economy

Question

Consider a two sector economy with input-output matrix
A= [0.4  0.5]
      [0.2  0.6]

(a) Are the sectors in the economy profitable? Give a reason for your answer.
(b) Is the economy productive? Give a reason for your answer.

Kunduz · Accepted Answer

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