Hey all. a 3 sector model problem, lets jus say not may expertise :D any help would be great!:confused::confused::confused:

Thanks and God bless Bob

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- Jul 27th 2007, 07:59 AMbobby87Matrix system
Hey all. a 3 sector model problem, lets jus say not may expertise :D any help would be great!:confused::confused::confused:

Thanks and God bless Bob - Jul 27th 2007, 08:42 AMtopsquark
You have the equations:

You want this in the form

<-- I'm using a B to distinguish this from b.

So in the equations put all the Y, C, and T terms on the LHS and everything else on the right:

Now arrange the variables Y, C, T in that order in the equations. If a term doesn't exist, give it a 0 coefficient:

Now you should be able to verify that

-Dan - Jul 27th 2007, 08:50 AMtopsquark
You have the matrix equation:

Cramer's rule says that

I'll let you work the determinants. For verification I get that:

-Dan