In input-output analysis,if the exogenous sectors of the open input output model is absorbed in to the system as just another sector _____
A)the transaction matrix
B)a technology coefficient
C)Leontief closed model

Question

Quizplus · Accepted Answer

When the exogenous sectors of the open input-output model are absorbed into the system as just another sector, it transforms into the Leontief closed model. This approach integrates all sectors, including previously exogenous ones, into the interdependent framework, allowing for a comprehensive analysis of the economy's internal structure.

In Input-Output Analysis,if the Exogenous Sectors of the Open Input