Input-output table

An input-output table is a structured representation used in economics to analyze the flow of goods, services, and factors of production within an economy. It provides a systematic way of understanding the interdependencies between different sectors of the economy and the various transactions that take place.

Key features of an input-output table:

1. Sectors: The economy is divided into different sectors (industries or sectors of economic activity) that produce goods and services, such as agriculture, manufacturing, services, etc.

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