Australia Economy Two sectors of the Australian economy are (1) textiles and (2) clothing and footwear. Suppose the 1977 input-output table involving these two sectors results in the followingvalue for (I - A)−¹.-1(I - A)-¹=1.228 0.1910.003 1.1694Complete the following sentences.(a)additional dollars worth of clothing and footwear must be produced to meet a $1 increase in the demand for textiles.(b) 0.191 additional dollars worth of ---Select---✓must be produced to meet a $1 increase in the demand for ---Select---

Answered: Image /qna-images/answer/e068c856-0774-4c5b-a3a9-fe5cdd9bd19f.jpg

Answered: Australia Economy Two sectors of the…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Alexandria's typical daily meal costs are as follows: Breakfast Lunch Dinner $3.67 $3.97 $6.34 What is Alexandria's typical monthly food costs? Use the same calculation that you did for your Avatar's typical monthly food costs. First determine how much Alex spends on food in a week. Then determine how much Alex would spend in a year (use the approximation that there are 52 weeks in a year). From that value, determine Alex's typical monthly food costs by using the idea that there are 12 months in a year. O $55.92 O $424.06 O $13.98 O $391.44
Price of Gold. The price of gold (end-of-year closing price in dollars per troy ounce) is shown in the table below. Year 1986 1996 2006 2016 Price $391 $369 $636 $1152 The prices shown in the table are not adjusted for inflation. Revise the above table to express all prices in terms of 2016 dollars. If you bought 3 ounces of gold in 1986 and sold it in 1996, would you have seen a profit (adjusted for inflation)? Explain. If you bought 3 ounces of gold in 2006 and sold it in 2016, would you have seen a profit (adjusted for inflation)? Explain.
1-5
Consider the following table. Name Stocks Bonds Other Assets Liabilities Outstanding Shares Amount to Invest XYZ $350 million $50 million $400,000 $25 million 20 million $30,000 (a) Find the NAV of one share.$ (b) Find the number of shares you can buy when you invest the amount of money shown in the last column of the table. (Enter your answer as a whole number.) shares
A certain city's power company charges their residents for electricity usage on a daily basis. There is a basic charge of 11.57 cents. For each day the first 10 kWh cost 4.81 cents per kWh and any additional kWhs are 9.69 per kWh. (A kWh, or kilowatt-hour, is a unit of energy.) (a) Complete the following table using the information provided above. kWhkWh 0 5 10 15 20 cost (dollars)cost (dollars) kWhkWh 25 30 35 40 cost (dollars)cost (dollars) (b) We can define a piecewise function f(x)f(x) where xx is the kWh used in a day and f(x)f(x) is the cost, in dollars. This function would have the form f(x)={g(x)h(x)ififx∈Ax∈Bf(x)={g(x)ifx∈Ah(x)ifx∈B What functions g(x)g(x) and h(x)h(x) make up the piecewise function f(x)f(x)? g(x)=g(x)= for A = h(x)=h(x)= for B = Hint: A and B are intervals. If an interval uses ±∞±∞ write inf or -inf . (c) Using the above function, what is the cost of 26 kWh? dollars. (d) For 3 dollars, what is the maximum kWh usage for one…
19. Lacey is standing on top of one of the tallest buildings in her town. She stands at the edge of the roof and drops a basketball. The ball falls 120 feet to the pavement below and begins bouncing. Each successive bounce is 20% shorter than the previous bounce. Which explicit formula describes this situation? an = 120(0.80)"-1 An 120(0.20)"-1 O an 120(80)"-1 an = 20(0.80)"-1
3190 You're a data analyst for an insurance company. You want to make sure that your employer is not over-paying for car repairs. To investigate this, you bring 31 different cars to two different garages, Bubba's Hubcap Heaven and Repair, and Merle's Motor Shop. Some of the cars need lots of repairs. Some of the cars need very few. By taking each car to both shops, we can directly compare the two sets of prices. Before running your analysis, be sure to look at the data file and verify that each car requires a different amount of repairs, and that prices in one shop are correlated with prices at the other shop. That is, they're in the same ballpark. The question is whether one tends to charge more, on average, than the other. Your task is to use Excel to test the research hypothesis that prices are different in the two shops; the null hypothesis is that prices are equal between the two shops. You test at the alpha = 0.10 significance level. What do you conclude? Are prices the same?…
15. Liz Mulig eams $52,000 per year as a philosophy professor. She receives a raise of 2.5% in a year in which the CPI increases by 3.8%. Ignoring taxes, find the effect of the two increases on her purchasing power. [10.2]

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