Communication Equipment Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollars). To Equipment Components From Equipment 5,900 500 Components 22,000 28,000 Total Output 90,000 140,000 Determine the production levels (in dollars) necessary in these two sectors to meet an external demand for $79,000 million of communication equipment and $88,000 million of electronic components. Round answers to two significant digits.
Communication Equipment Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollars). To Equipment Components From Equipment 5,900 500 Components 22,000 28,000 Total Output 90,000 140,000 Determine the production levels (in dollars) necessary in these two sectors to meet an external demand for $79,000 million of communication equipment and $88,000 million of electronic components. Round answers to two significant digits.
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Communication Equipment Two sectors of the U.S. economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. Suppose in 1998, the input-output table involving these two sectors was as follows (all figures are in millions of dollars).
| To | Equipment | Components | |
|---|---|---|---|
| From | Equipment | 5,900 | 500 |
| Components | 22,000 | 28,000 | |
| Total Output | 90,000 | 140,000 |
Determine the production levels (in dollars) necessary in these two sectors to meet an external demand for $79,000 million of communication equipment and $88,000 million of electronic components. Round answers to two significant digits.
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