Solved: In 14, find the relative wages of each person for the given closed inputoutput

Chapter 3, Problem 4

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In 14, find the relative wages of each person for the given closed inputoutput matrix. In each case take the wages of C to be the parameter and use z = Cs wages = $30,000.ABCC0.4 0.3 0.20.2 0.3 0.30.4 0.4 0.5 SCBA

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