In an input-output matrix, the principal diagonal of this matrix represents the amount of input each industry takes from ___output.

Related MCQs

• In an input-output matrix, the element ____shows the input industry II takes from industry I.
• In input-output analysis,____ shows the number of units of any industry’s output needed to produce one unit of another industry’s output.
• In input-output analysis,____ is obtained by dividing the input of the desired sector by the total output of the same sector.
• In input-output analysis,if the exogenous sectors of the open input output model is absorbed in to the system as just another sector _____
• In input-output analysis,when the technical coefficients are put in the form of a matrix, we get the______
• In input-output analysis, ___ represents in monetary terms or quantitative terms all the transactions of the economic system.
• A production function is said to be _____, if, when each input factor is multiplied by a positive real constant k, the constant can be completely factored out:
• The market demand curve for a perfectly competitive industry is QD = 12 - 2P. The market supply curve is QS = 3 + P. The market will be in equilibrium if:
• In the Keynesian linear consumption function Y=β1+β2X, Y represents
• In the Keynesian linear consumption function Y=β1+β2X, X represents