Example 4. Consider
the open five sector economy
consisting of say: Agriculture, Construction, Energy, Manufacturing,
and Services where the input-output matrix is given by
and
the demand vector is
. Find
the production vector
.
Solution 4.
We are done!
Aside. We can verify
the solution by direct substitution.
![[Graphics:../Images/LeontiefModelMod_gr_169.gif]](../Images/LeontiefModelMod_gr_169.gif)
Aside. Any demand vector can be used, it is your choice. For example:
(c) John H. Mathews 2004