Solved

Determine the Production Vector X That Will Satisfy Demand in an Economy

Question 64

Multiple Choice

Determine the production vector x that will satisfy demand in an economy with the given consumption matrix C and
final demand vector d. Round production levels to the nearest whole number.
-Compute the matrix of the transformation that performs the shear transformation xAxx \rightarrow A x for A=[10.2001]A = \left[ \begin{array} { l l } 1 & 0.20 \\ 0 & 1 \end{array} \right] and then scales all xx -coordinates by a factor of 0.610.61 .


A)
[0.610.12201]\left[ \begin{array} { l l } 0.61 & 0.122 \\ 0 & 1 \end{array} \right]

B)
[1.610.2002]\left[ \begin{array} { l l } 1.61 & 0.20 \\ 0 & 2 \end{array} \right]

C)
[10.2000.61]\left[ \begin{array} { l l } 1 & 0.20 \\ 0 & 0.61 \end{array} \right]

D)

[0.610.2001]\left[ \begin{array} { l l } 0.61 & 0.20 \\ 0 & 1 \end{array} \right]

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents