Economics · Input-Output Analysis
In Leontief's input-output model, the technical coefficient aij represents the:
- 1Value of exports of sector i to sector j
- 2Output of sector i consumed by sector j per unit of j's output✓
- 3Employment generated by sector i in producing one unit of output
- 4Ratio of imports to total output of sector j
Correct answer
Output of sector i consumed by sector j per unit of j's output
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