Two sectors of a textbook economy are (1) communication equipment and (2) components and accessories. In 2005 the input-output table involving these two sectors was as follows. Determine the production levels necessary in these two sectors to meet a demand for $80,000 of equipment and $90,000 of components. Round to significant digits.
A) Equipment:24,000 Components: 140,000
B) Equipment:86,000 Components: 90,000
C) Equipment:86,000 Components: 140,000
D) Equipment:90,000 Components: 140,000

Question

Two sectors of a textbook economy are (1) communication equipment and (2) components and accessories. In 2005 the input-output table involving these two sectors was as follows.  Determine the production levels necessary in these two sectors to meet a demand for $80,000 of equipment and $90,000 of components. Round to significant digits.
A) Equipment:24,000 Components: 140,000 
B) Equipment:86,000 Components: 90,000 
C) Equipment:86,000 Components: 140,000 
D) Equipment:90,000 Components: 140,000

Quizplus · Accepted Answer

The Answer of Two sectors of a textbook economy are (1) communication equipment and (2) components and accessories. In 2005 the input-output table involving these two sectors was as follows.  Determine the production levels necessary in these two sectors to meet a demand for $80,000 of equipment and $90,000 of components. Round to significant digits.
A) Equipment:24,000 Components: 140,000 
B) Equipment:86,000 Components: 90,000 
C) Equipment:86,000 Components: 140,000 
D) Equipment:90,000 Components: 140,000

Two Sectors of a Textbook Economy Are (1) Communication Equipment