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This exercise requires the use of technology. Four sectors of the U.S. economy are (1) livestock...

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Advance Math

This exercise requires the use of technology.

Four sectors of the U.S. economy are (1) livestock and livestockproducts, (2) other agricultural products, (3) forestry and fisheryproducts, and (4) agricultural, forestry, and fishery services.Suppose that in 1977 the input-output table involving these foursectors was as follows (all figures are in millions ofdollars).

Determine how these four sectors would react to an increase indemand for livestock (Sector 1) of $1,000 million, how they wouldreact to an increase in demand for other agricultural products(Sector 2) of $1,000 million, and so on. (Round your answers to twodecimal places. Let the columns of the matrix be given in millionsof dollars.)

To1234
From        111,9379109855
226,6494,28504,744
30043961
45,42310,9523,002216
Total Output97,795120,59414,64247,473

Answer is a 4x4 Matrix and is NOT 0.182 or 0.878 for the firstbox in the matrix answer

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