An economy is based on three sectors, agriculture, manufacturing, and energy. Production of a dollar's worth...
An economy is based on three sectors, agriculture, manufacturing, and energy. Production of a dollar's worth of agriculture requires inputs of $0.40 from agriculture, $ 0.40 from manufacturing, and $0.20 from energy. Production of a dollar's worth of manufacturing requires inputs of $0.30 from agriculture, $0.30 from manufacturing, and $0.30 from energy. Production of a dollar's worth of energy requires inputs of $0.20 from agriculture, $0.40 from manufacturing, and $0.30 from energy. Find the output for each sector that is needed to satisfy a final demand of $80 billion for agriculture, $45 billion for manufacturing, and $65 billion for energy.
The output of the agricultural sector is __ billion dollars. (Round the final answer to three decimal places as needed. Round all intermediate values to six decimal places as needed.)
The output of the manufacturing sector is __ billion dollars. (Round the final answer to three decimal places as needed. Round all intermediate values to six decimal places as needed.)
The output of the energy sector is___ billion dollars. (Round the final answer to three decimal places as needed. Round all intermediate values to six decimal places as needed.)
Homework Answers
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An economy is based on three sectors, agriculture,
manufacturing, and energy. Production of a dollar's worth...
please help production of a dollars worth of agriculture is agriculture 0.30$ manufacture 0.30$ energy 0.30$...
please help
production of a dollars worth of agriculture is
agriculture 0.30$
manufacture 0.30$
energy 0.30$
production of dollars worth of manufacture is
agricultrue 0.30$
manufacture 0.30$
energy 0.30$
production of dollars worth of energy is
agriculture 0.30$
manufacturing 0.40$
energy 0.30$
output to satisfy a final demand for each
agriculture 73$billion
manufacture 62$billion
energy 80$billion
An economy is based on three sectors, agriculture manufacturing, and energy Production of a dolar's worth of agriculture requires Inputs of $0.30 from agriculture....
please tell the output of the energy and manucfacture sector too An economy is based on...
please tell the output of the energy and manucfacture sector
too
An economy is based on three sectors, agriculture, manufacturing, and energy Production of dollar's worth of agriculture requires inputs of $0.20 from aglar $0.40 from manufacturing and $0.20 trom wey Production de dolar's worth of manufacturing requires inputs of $0.30 from alulture, 50 20 from manufacturing, and 5020 from energy Production of a dollar's worth of energy reputs of $0.20 hom o , 10.30 tommercturing, and $0.30 from energy...
please tell thr output of the manufacture and the output of thr energy too An economy...
please tell thr output of the manufacture and the output of
thr energy too
An economy is based on three sectors, agriculture, manufacturing, and energy. Production of a dollar's worth of agriculture requires inputs of $0.30 from agriculture. $0.30 from manufacturing and $0.30 from energy. Production of a dollar's worth of manufacturing requires inputs of $0.30 from agriculture. $0.20 from manufacturing, and $0 20 from energy. Production of a dollar's worth of energy requires inputs of $0.20 from agriculture, $0.30...
Question 6 (9 points) In a two sector economy, production of a dollar's worth of agriculture...
Question 6 (9 points) In a two sector economy, production of a dollar's worth of agriculture output requires an input of $0.40 from agriculture and $0.20 from manufacturing industry. Production of a dollar's worth of manufacturing output requires an input of $0.15 from agriculture and $0.30 from manufacturing industry. a. Find the necessary levels of output (in $ billions) by agriculture and manufacturing industries if there is also a surplus (final demand) of $16 billion for agriculture and $36 billion...
The economy of a small island nation is based on two sectors, agriculture and tourism. Production...
The economy of a small island nation is based on two sectors, agriculture and tourism. Production of a dollar's worth of agriculture requires an input of $0.39 from agriculture and $0.44 from tourism. Production of a dollar's worth of tourism requires an input of $0.43 from agriculture and $ 0.28 from tourism. Find the output from each sector that is needed to satisfy a final demand of $40 million for agriculture and $74 million for tourism.
The input-output matrix for a simplified economy with just three sectors (agriculture, manufacturing, and households) is...
The input-output matrix for a simplified economy with just three sectors (agriculture, manufacturing, and households) is given below. Agriculture Manufacturing Households Agriculture 0.26 0.42 0.109 Manufacturing 0.12 0.14 0.116 Households 0.77 3.51 0.106 A. How many units from each sector does the agriculture sector require to produce 1 unit? The agriculture sector requires units from agriculture, units from manufacturing, and units from households.
An economy has the following total transactions input-output matrix: Agriculture &nbs
An economy has the following total transactions input-output matrix: Agriculture Manufacturing Energy Services Agriculture 1.30 0.40 0.30 0.40 Manufacturing 0.40 1.50 0.40 0.40 Energy 0.30 0.50 1.20 0.60 Services 0.50 0.50 0.60 1.20 If final demand (say exports) of energy products rises by $ 300 billion, what will be the increase in output in each industry? In GDP? Calculate the GDEP multipliers for agriculture and manufacturing. In using the input-output model, what did you assume about input and output...
A simplified economy has three industries: manufacturing M, transportation T, and service S. The input-output matrix for this economy is Input requirements of M 0.20 0.15 0.101 s 0.20 0.10 0.10 M T S...
A simplified economy has three industries: manufacturing M, transportation T, and service S. The input-output matrix for this economy is Input requirements of M 0.20 0.15 0.101 s 0.20 0.10 0.10 M T S from T 0.10 0.30 0.25 Find the gross output needed to satisfy the consumer demand of $120 million worth of manufacturing, $80 million worth of transportation, and $45 million worth of service (Round your answers to two decimal places.) manufacturing transportation service million dollars million dollars...
1. A manufacturer produces three products, A, B, and C. The profits for each unit of...
1. A manufacturer produces three products, A, B, and C. The profits for each unit of A, B, and C sold are $11, $22, and $33, respectively. Fixed costs are $18,000 per year, and the costs of producing each unit of A, B, and C are $4, $5, and $7, respectively. Next year, a total of 10,000 units of all three products is to be produced and sold, and a total profit of $18,000 is to be realized. If total...
I PUT QUESTION 2 a. Suppose in country Bliss, 60% of its population lives in condominiums...
I PUT QUESTION 2 a. Suppose in country Bliss, 60% of its population lives in condominiums (denoted by () and 40% lives in houses (denoted by H). The observed yearly transition matrix. T. is: CH C10.35 0.65) 0.45 0.55 1. Interpret the elements in the second row of matrix T. (2 points) ii. After the lapse of one year, do the majority of country Bliss people still prefer to live in condominiums than to live in houses? (3 points) iii....
please help
production of a dollars worth of agriculture is
agriculture 0.30$
manufacture 0.30$
energy 0.30$
production of dollars worth of manufacture is
agricultrue 0.30$
manufacture 0.30$
energy 0.30$
production of dollars worth of energy is
agriculture 0.30$
manufacturing 0.40$
energy 0.30$
output to satisfy a final demand for each
agriculture 73$billion
manufacture 62$billion
energy 80$billion
An economy is based on three sectors, agriculture manufacturing, and energy Production of a dolar's worth of agriculture requires Inputs of $0.30 from agriculture....
please tell the output of the energy and manucfacture sector
too
An economy is based on three sectors, agriculture, manufacturing, and energy Production of dollar's worth of agriculture requires inputs of $0.20 from aglar $0.40 from manufacturing and $0.20 trom wey Production de dolar's worth of manufacturing requires inputs of $0.30 from alulture, 50 20 from manufacturing, and 5020 from energy Production of a dollar's worth of energy reputs of $0.20 hom o , 10.30 tommercturing, and $0.30 from energy...
please tell thr output of the manufacture and the output of
thr energy too
An economy is based on three sectors, agriculture, manufacturing, and energy. Production of a dollar's worth of agriculture requires inputs of $0.30 from agriculture. $0.30 from manufacturing and $0.30 from energy. Production of a dollar's worth of manufacturing requires inputs of $0.30 from agriculture. $0.20 from manufacturing, and $0 20 from energy. Production of a dollar's worth of energy requires inputs of $0.20 from agriculture, $0.30...
Question 6 (9 points) In a two sector economy, production of a dollar's worth of agriculture output requires an input of $0.40 from agriculture and $0.20 from manufacturing industry. Production of a dollar's worth of manufacturing output requires an input of $0.15 from agriculture and $0.30 from manufacturing industry. a. Find the necessary levels of output (in $ billions) by agriculture and manufacturing industries if there is also a surplus (final demand) of $16 billion for agriculture and $36 billion...
The input-output matrix for a simplified economy with just three sectors (agriculture, manufacturing, and households) is given below. Agriculture Manufacturing Households Agriculture 0.26 0.42 0.109 Manufacturing 0.12 0.14 0.116 Households 0.77 3.51 0.106 A. How many units from each sector does the agriculture sector require to produce 1 unit? The agriculture sector requires units from agriculture, units from manufacturing, and units from households.
A simplified economy has three industries: manufacturing M, transportation T, and service S. The input-output matrix for this economy is Input requirements of M 0.20 0.15 0.101 s 0.20 0.10 0.10 M T S from T 0.10 0.30 0.25 Find the gross output needed to satisfy the consumer demand of $120 million worth of manufacturing, $80 million worth of transportation, and $45 million worth of service (Round your answers to two decimal places.) manufacturing transportation service million dollars million dollars...
I PUT QUESTION 2 a. Suppose in country Bliss, 60% of its population lives in condominiums (denoted by () and 40% lives in houses (denoted by H). The observed yearly transition matrix. T. is: CH C10.35 0.65) 0.45 0.55 1. Interpret the elements in the second row of matrix T. (2 points) ii. After the lapse of one year, do the majority of country Bliss people still prefer to live in condominiums than to live in houses? (3 points) iii....
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