Economics · Input-Output Analysis
Which of the following are Hawkins-Simon conditions for a viable input-output system? A. Determinant A should be positive. B. Determinant (I - A) should be positive. C. Determinant (I - A) should be negative. D. Principal diagonal elements of matrix (I - A) should be positive. Choose the correct answer:
- 1C and D only
- 2A, B and D only
- 3A and B only
- 4B and D only✓
Correct answer
B and D only
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