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Two Sectors of Any Country Economy Are (1) Audio, Video

Question 4

Multiple Choice

Two sectors of any country economy are (1) audio, video, and communication equipment and (2) electronic components and accessories. 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 8,000500 Components 26,00034,000 Total output 82,000121,000\begin{array} { | r | c | c | } \hline \text { To } & \text { Equipment } & \text { Components } \\\hline \text { From Equipment } & 8,000 & 500 \\\hline \text { Components } & 26,000 & 34,000 \\\hline \text { Total output } & 82,000 & 121,000 \\\hline\end{array}
Determine the production levels necessary in these two sectors to meet an external demand for $60,000 million of communication equipment and $90,000 million of electronic components. Round answers to two significant digits.


A) Equipment Sector production approximately $64,195.33 million, Components Sector production approximately $154,804.67 million.
B) Equipment Sector production approximately $67,195.33 million, Components Sector production approximately $154,804.67 million.
C) Equipment Sector production approximately $64,195.33 million, Components Sector production approximately $144,804.67 million.
D) Equipment Sector production approximately $67,195.33 million, Components Sector production approximately $144,804.67 million.
E) Equipment Sector production approximately $144,804.67 million, Components Sector production approximately $64,195.33 million.

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