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Matrix Employer Services and Matrix ITG Merge to Become Form

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Matrix Employer Services and Matrix ITG Merge to Become Form

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foreign [Music] welcome to this module on constructing and updating a social accounting Matrix several definitions of a social accounting Matrix or Sam or Sam LS1 are available in the literature fofana etal 2015 defines a Sam as a square Matrix describing the transaction flows taking place within an economy during a given period round 2003 further defining a Sam as a comprehensive flexible and disaggregated framework that elaborates and articulates the generation of income by activities of production and the distribution and redistribution of income between social and institutional groups a simple representation of the circular flows of income underlying a Sam is given by this graph Enterprises combine production factors for example capital and labor and input for example goods and services to produce goods and services Enterprises generate income through the sale of goods and services to the product Market Enterprises use their income to buy production factors through the factor marke

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