Mathematics · Linear Algebra
In the Leontief Input-Output model, if A is the technology (input coefficient) matrix and X is the output vector, then the total output required to satisfy final demand vector D is given by:
- 1X = A * D + I
- 2X = A-1 * D
- 3X = (I - A)-1 * D✓
- 4X = (I - A) * D
Correct answer
X = (I - A)-1 * D
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