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International Political Economy
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Question:
Input-Output Analysis Table
Author: Angelie BayabanAnswer:
An industrial sector can be both a consumer of the outputs and a supplier of the inputs of other sectors in an economy. The input-output analysis model describes such an interdependent relationship. The analysis is typically presented in a matrix or table. The outputs of each sector are shown in rows and turn into the inputs of the other sectors listed in columns.
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