Four sectors of some economy are (1) Sector 1, (2) Sector 2, (3) Sector 3, and (4) Sector 4. The input-output table involving these four sectors was as follows (all figures are in millions of dollars) $$\begin{array} { | r | r | r | r | r | }
\hline \text { To } & 1& 2 & 3 & 4 \
\hline \text { From 1 } & 11,109 & 10 & 100 & 995 \
\hline \mathbf { 2 } & 25,329 & 4,303 & 0 & 4,957 \
\hline \mathbf { 3 } & 0 & 0 & 441 & 57 \
\hline \mathbf { 4 } & 5,425 & 11,060 & 3,437 & 153 \
\hline \text { Total Output } & 101,418 & 121,752 & 14,428 & 46,814 \
\hline
\end{array}$$
Determine how these four sectors would react to an increase in demand for Sector 1 production of $1,000 million. Round your answers to two decimal places.
Express the answer as a column matrix.

Question

Four sectors of some economy are (1) Sector 1, (2) Sector 2, (3) Sector 3, and (4) Sector 4. The input-output table involving these four sectors was as follows (all figures are in millions of dollars) $$\begin{array} { | r | r | r | r | r | } 
\hline \text { To } & 1& 2 & 3 & 4 \
\hline \text { From 1 } & 11,109 & 10 & 100 & 995 \
\hline \mathbf { 2 } & 25,329 & 4,303 & 0 & 4,957 \
\hline \mathbf { 3 } & 0 & 0 & 441 & 57 \
\hline \mathbf { 4 } & 5,425 & 11,060 & 3,437 & 153 \
\hline \text { Total Output } & 101,418 & 121,752 & 14,428 & 46,814 \
\hline
\end{array}$$ ​
Determine how these four sectors would react to an increase in demand for Sector 1 production of $1,000 million. Round your answers to two decimal places.
Express the answer as a column matrix.
​

Quizplus · Accepted Answer

The Answer of Four sectors of some economy are (1) Sector 1, (2) Sector 2, (3) Sector 3, and (4) Sector 4. The input-output table involving these four sectors was as follows (all figures are in millions of dollars) $$\begin{array} { | r | r | r | r | r | } 
\hline \text { To } & 1& 2 & 3 & 4 \
\hline \text { From 1 } & 11,109 & 10 & 100 & 995 \
\hline \mathbf { 2 } & 25,329 & 4,303 & 0 & 4,957 \
\hline \mathbf { 3 } & 0 & 0 & 441 & 57 \
\hline \mathbf { 4 } & 5,425 & 11,060 & 3,437 & 153 \
\hline \text { Total Output } & 101,418 & 121,752 & 14,428 & 46,814 \
\hline
\end{array}$$ ​
Determine how these four sectors would react to an increase in demand for Sector 1 production of $1,000 million. Round your answers to two decimal places.
Express the answer as a column matrix.
​

Four Sectors of Some Economy Are (1) Sector 1, (2)