The Hawkins-Simon conditions provide necessary and sufficient criteria for the existence of a positive solution in an input-output model. Which of the following statements correctly describes the Hawkins-Simon conditions?
- The coefficient matrix must be non-negative.
- The determinant of the matrix formed by subtracting the input coefficients from the identity matrix must be positive.
- The sum of each row of the input-output matrix must be less than 1.
- The input-output model must have no redundant equations.
1
1 and 2
2
2 and 3
3
3 and 4
4
1, 2 and 4
5
Question Not Attempted