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Show this section. For now, it is sufficient to elaborate on only the method used to project household demand. In essence, household demand was projected on the basis of expected population along with per capita income growth and the assumption that the composition ( or pattern) of household demand and the propensity to consume out of income would remain more or less as it was for the base year, 1963. If the Household sector is part of the endogenous system ( i. e., it is made a processing sector), no prior household demand projection is required, because it becomes determined by the system. It is the other final demand categories that must be projected and that, in effect, determine the household demand. Generated output and household income resulting from the set of higher or highest estimates of Final Demand were slightly less than those obtained by assuming household consumption to be a part of Final Demand. In other words, using the ( 40 x 40) matrix with Household as part of the endogenous sector, the highest estimate of the 1975 Final Demand ( summing the higher or highest estimates of all items listed previously in the second paragraph of this section) resulted in output and household income estimates that were less than what were obtained by using the ( 39 x 39) matrix with household demand as part of the final demand vector. This would indicate one of three things: ( 1) final demand ( excluding Household) estimates for at least one of the Industry sectors, and/ or for at least one of the final demand categories, were too low; ( 2) the independent projection of household income used to determine projected household demand was too high or; ( 3) a combination of these. 41 |