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The consumption matrix $C$ for the U.S. economy in 1972 has the property that every entry in the matrix $(I-C)^{-1}$ is nonzero (and positive). What does that say about the effect of raising the demand for the output of just one sector of the economy?

if the demand in any sector increases, then the production in every sector will also increase.

Algebra

Chapter 2

Matrix Algebra

Section 6

The Leontief Input–Output Model

Introduction to Matrices

Missouri State University

University of Michigan - Ann Arbor

Idaho State University

Lectures

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not answer this question. Let's go back to question. It's B So we see that from it's B. We saw that the first column off I might not see in verse gifts the Ramones, each sexo most produce to satisfy on increase in Yeah, your needs in the final demand from sick toe I no, from sector one, actually from sector One. Now look at this one that is here. Look at this first column. So that implies that's this implies. That day I come on a J entry. Oh, I mindless See in verse gifts the Amman's. I'm just writing these each sexo. It's sick toe. I writes each of the sector I because the eyes in the rule, it said. So I must produce so satisfy on increase in one units in the final demand for all its foods from sector G. All right, so just going from question, it's B. We can assert cities now. This implies that since so we're giving that the entries. Since entries off, I mind a seat universe on non zero on deposits in use. This would imply that's on increase in the final demand for the out sports off just one sec so off the economy well costs the production off all the other sectors to increase right because it's positive. So when one increases every nothing also asked to increase said. Therefore, we can conclude those on increase in the demand four and this sector. So this is not answer to the question for any sector. We lied so on. Increase in the demands for all sectors, not statement, sir.

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