Exercises for Input-Output Analysis 13. Suppose that you have been given the following data on the transactions within a city’s economy. a. Fill in the transactions table. b. Will this city have a larger or a smaller export multiplier than the city with the transactions listed in Table 6-2? Explain. Producers Inputs Computer Firms Wire Producers Local Merchants Households Exports Total Computers 0 $350 ___ $ 300 ___ $2,000 Wire 500 0 0 0 600 1,100 Local 0 0 0 2,500 0 ___ Labor 1,000 600 2,000 0 0 3,600 Imports ___ ___ 300 ___ 1,750 Total 2,000 ___ ___ 3,600 ___
Exercises for Input-Output Analysis 13. Suppose that you have been given the following data on the transactions within a city’s economy. a. Fill in the transactions table. b. Will this city have a larger or a smaller export multiplier than the city with the transactions listed in Table 6-2? Explain. Producers Inputs Computer Firms Wire Producers Local Merchants Households Exports Total Computers 0 $350 ___ $ 300 ___ $2,000 Wire 500 0 0 0 600 1,100 Local 0 0 0 2,500 0 ___ Labor 1,000 600 2,000 0 0 3,600 Imports ___ ___ 300 ___ 1,750 Total 2,000 ___ ___ 3,600 ___
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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TABLE 6-2
Exercises for Input-Output Analysis
13. Suppose that you have been given the following data on the transactions within a city’s economy.
a. Fill in the transactions table.
b. Will this city have a larger or a smaller export multiplier than the city with the transactions listed in Table 6-2? Explain.
|
Producers |
||||||
|
Inputs |
Computer Firms |
Wire Producers |
Local Merchants |
Households |
Exports |
Total |
|
Computers |
0 |
$350 |
___ |
$ 300 |
___ |
$2,000 |
|
Wire |
500 |
0 |
0 |
0 |
600 |
1,100 |
|
Local |
0 |
0 |
0 |
2,500 |
0 |
___ |
|
Labor |
1,000 |
600 |
2,000 |
0 |
0 |
3,600 |
|
Imports |
___ |
___ |
300 |
___ |
1,750 |
|
|
Total |
2,000 |
___ |
___ |
3,600 |
___ |
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