- 1 10 0 Points Consider The Matrix A To Be The Zero Matrix Of Order 3 A Is A A Valid Technical Matrix For A Leontief 1 (56.46 KiB) Viewed 48 times
1. [10.0 points] Consider the matrix A to be the zero matrix of order 3. a. Is A a valid technical matrix for a Leontief
-
answerhappygod
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
1. [10.0 points] Consider the matrix A to be the zero matrix of order 3. a. Is A a valid technical matrix for a Leontief
1. [10.0 points] Consider the matrix A to be the zero matrix of order 3. a. Is A a valid technical matrix for a Leontief economy? b. If your answer in (a) is no, explain why it cannot be the case. Otherwise, obtain the corresponding Leontief matrix, the solution to the Leontief matrix equation (if it exists and is unique), and whether the Hawkins-Simon and Brauer-Solow conditions are met. Also, determine whether the technology matrix is productive and obtain the corresponding Perron-Frobenius root.