Question

We assume that in a village there are farmers, carpenters, and tailors, who provide the three essential goods: food, housing, and clothing. Suppose the farmers consume 2525 of the food (produced by farmers), 1313 of the housing (produced by carpenters) and 1212 of the clothes (produced by tailors). The carpenter consumes 2525 of the food, 1313 of the housing, and 1212 of the clothes. The tailors consume 1515 of the food, 1313 of the housing, and no clothes. Assume this is a closed Leontief model.

If we know that the tailors produce 304304 units of clothes,

then the farmers produce

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units of food,
and the carpenters produce

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units of housing.

Answer 1

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