Assume that you are analyzing a city with total population of 182,000 persons and total employment of 54,000 jobs. Using the location quotient method, you have identified 3 industries with basic employment. These include manufacturing which has 25% compared to the national average of 7%. construction which has 18% compared to the national average of 6%, and trade which has 24% compared to the national average of 14%. What is the economic base multiplier (EBM)? O2.33 O2.70 O 3.23 O2.94 O 2.50
Assume that you are analyzing a city with total population of 182,000 persons and total employment of 54,000 jobs. Using the location quotient method, you have identified 3 industries with basic employment. These include manufacturing which has 25% compared to the national average of 7%. construction which has 18% compared to the national average of 6%, and trade which has 24% compared to the national average of 14%. What is the economic base multiplier (EBM)? O2.33 O2.70 O 3.23 O2.94 O 2.50
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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