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State and Path Variables, Functions

Input-Output ...

Question

Input-Output analysis is related with the name of ____________.

A

J.R. Hicks

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B

A.R Lerner

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C

Leontief

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D

G.J. Stigler

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Solution

The correct option is B Leontief
Dr. Wassily W. Leontief, invented the input-output method in 1951 and used it to learn about the inter industry relationships to understand the interdependance and thus the conditions for equilibrium in the economy.

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