Question:

Consider a two sector economy with input-output matrix

Last updated: 7/26/2022

Consider a two sector economy with input-output matrix

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.