Question 4 Using the following transactions below, compile the Supply and Use Table 1. L ii. Corn was imported by the agricultural sector (100,000) and 80% used by the sector. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to government, private sector and hotels equally. i Household sector and private sector utilize the remaining corn equally 2. i. Oil refinery imported $720,000 worth of crude oil to produce. ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. il Household purchased (40 %) of petrol government (30%), manufacturing (10 %) and exports (20%). $5000 was paid as wages in for workers in the agricultural and manufacturing sector. Tax on the production of petrol was $7000.
Question 4 Using the following transactions below, compile the Supply and Use Table 1. L ii. Corn was imported by the agricultural sector (100,000) and 80% used by the sector. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to government, private sector and hotels equally. i Household sector and private sector utilize the remaining corn equally 2. i. Oil refinery imported $720,000 worth of crude oil to produce. ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. il Household purchased (40 %) of petrol government (30%), manufacturing (10 %) and exports (20%). $5000 was paid as wages in for workers in the agricultural and manufacturing sector. Tax on the production of petrol was $7000.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter4: Labor And Financial Markets
Section: Chapter Questions
Problem 31P: Table 4.6 shows the amount of savings and barrowing in a market for loans lo purchase homes,...
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i.
Question 4
Using the following transactions below, compile the Supply and Use Table
1.
iii.
Corn was imported by the agricultural sector (100,000) and 80% used by the sector.
ii. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to
government, private sector and hotels equally.
Household sector and private sector utilize the remaining corn equally
f
3.
$5000 was paid
o
2.
i. Oil refinery imported $720,000 worth of crude oil to produce.
ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel.
iii Household purchased (40 %) of petrol government (30 %), manufacturing (10 %) and exports (20%).
Tax on the production of petrol was $7000.
swages in for workers in the agricultural and manufacturing sector.
Add a caption...
T
(1)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F61796ab2-1ae4-4cc2-aff0-607d8f8f6e93%2F1a62dd2e-871f-4435-8cce-98b7bc333712%2Fsh7xwtc_processed.jpeg&w=3840&q=75)
Transcribed Image Text:×
You
n
i.
Question 4
Using the following transactions below, compile the Supply and Use Table
1.
iii.
Corn was imported by the agricultural sector (100,000) and 80% used by the sector.
ii. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to
government, private sector and hotels equally.
Household sector and private sector utilize the remaining corn equally
f
3.
$5000 was paid
o
2.
i. Oil refinery imported $720,000 worth of crude oil to produce.
ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel.
iii Household purchased (40 %) of petrol government (30 %), manufacturing (10 %) and exports (20%).
Tax on the production of petrol was $7000.
swages in for workers in the agricultural and manufacturing sector.
Add a caption...
T
(1)
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