In the open-static input-output model—
(i) Labour is treated as primary input.
(ii) The input coefficients are fixed.
(iii) Cramer’s rule can be applied for solution.
(iv) Final consumption vector is given endogenously.
Choose the correct option:
1
(i), (ii) and (iii)
2
(i), (ii) and (iv)
3
(i) and (ii)
4
All