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Let a Be the Technology Matrix, Where Sector 1 Is A=[0.60.050.80.04]A = \left[ \begin{array} { l l } 0.6 & 0.05 \\0.8 & 0.04\end{array} \right]

Question 12

Multiple Choice

Let A be the technology matrix, where Sector 1 is paper, and Sector 2 is wood. A=[0.60.050.80.04]A = \left[ \begin{array} { l l } 0.6 & 0.05 \\0.8 & 0.04\end{array} \right]
How many units of wood are needed to produce one unit of paper
How many units of paper are needed to produce one unit of paper
How many units of paper are needed to produce one unit of wood


A) Wood \rightarrow Paper: 0.80.8
Paper \rightarrow Paper: 0.60.6
Paper \rightarrow Wood: 0.050.05

B) Wood \rightarrow Paper: 0.040.04
Paper \rightarrow Paper: 0.60.6
Paper \rightarrow Wood: 0.050.05

C) Wood \rightarrow Paper: 0.040.04
Paper \rightarrow Paper: 0.60.6
Paper \rightarrow Wood: 0.050.05 .

D) Wood \rightarrow Paper: 0.040.04
Paper \rightarrow Paper: 0.040.04
Paper \rightarrow Wood: 0.80.8

E) Wood \rightarrow Paper: 0.040.04
Paper \rightarrow Paper: 0.050.05
Paper \rightarrow Wood: 0.60.6

Correct Answer:

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