Consider the small economy represented in the following table. All values are in dollars. Firm A Wages paid to employees Taxes paid to government Input purchased from Firm C Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm C Sold from inventory to Public Unsold production After-tax profit Firm B Wages paid to employees Taxes paid to government Input purchased from Firm C Input imported Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm C Sold to a foreign country Sold from inventory to Public Unsold production After-tax profit Firm C Wages paid to employees Taxes paid to government Input purchased from Firm A Input purchased from Firm B Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm A Sold to Firm B Sold to a foreign country Sold from inventory to Public After-tax profit Additional Information Government transfers Interest on government's debt Private Saving 162 96 79 691 61 354 175 124 93 64 652 87 196 199 156 94 31 897 417 324 194 94 79 211 98 31 218 94 230 144 79 93 274 77 153 17 272

Consider the small economy represented in the following table. All values are in dollars. Firm A Wages paid to employees Taxes paid to government Input purchased from Firm C Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm C Sold from inventory to Public Unsold production After-tax profit Firm B Wages paid to employees Taxes paid to government Input purchased from Firm C Input imported Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm C Sold to a foreign country Sold from inventory to Public Unsold production After-tax profit Firm C Wages paid to employees Taxes paid to government Input purchased from Firm A Input purchased from Firm B Revenue received Sold to Public (newly produced) Sold to Government Sold to Firm A Sold to Firm B Sold to a foreign country Sold from inventory to Public After-tax profit Additional Information Government transfers Interest on government's debt Private Saving 162 96 79 691 61 354 175 124 93 64 652 87 196 199 156 94 31 897 417 324 194 94 79 211 98 31 218 94 230 144 79 93 274 77 153 17 272

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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