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Social Studies, 18.09.2019 18:30 alphaaz23415

The russian-born u. s. economist and nobel laureate wassily leontief (1906–1999) was interested in the following question: what output should each of the industries in an economy produce to satisfy the total demand for all products? here, we consider a very simple example of input–output analysis, an economy with only two industries, a and b. assume that the consumer demand for their products is, respec

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The russian-born u. s. economist and nobel laureate wassily leontief (1906–1999) was interested in t...

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