Assume that there are three sectors The input coefficient matrix A and the final demand vector d is ...........

Economics-I Mathematical Methods in Economics

Assume that there are three sectors. The input coefficient matrix A and the final demand vector d is given as follows:

A = $\small \begin{bmatrix} 0.3 & 0.4 & 0.2\\ 0.2 &0 &0.5 \\ 0.1 & 0.3 & 0.1 \end{bmatrix}$ and d = $\small \begin{bmatrix} 100\\ 30 \\ 30 \end{bmatrix}$

Would the amount of the primary input required be consistent with what is available in the economy? (120 words) (15 marks)

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