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The series <I + A + A^2 + A^3 + ... + A^N> converges on the Leontief inverse (I-A)^(-1) as N approaches infinity. In this format, I can be thought of as initial demand for a given product, A represents the first tier inputs in the supply chain required to produce I, A^2 represents the second tier inputs in the supply chain needed to produce the first ...


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