(b) Calculate the industrial mix componeat (in % ) expected for the Healtheare industry in Weakley County. ( 5 points) (c) Calculate the competitive share component (in \%) expected for the Healtheare industry in Weakley County. (5 points) (d) From the metrics you calculated above, is the Healtheare industry in Weakley County growing faster or slower than the national average? Provide support for your answer. (5 points) 2. Given the data contained in the Homework 43 . supplement for Question 2 (the tab on the bottom of the Exeel spreadsheet), answer the following questions. (b) Using the decision rules discussed in the lectures about interpreting the value of LQ, woald you conclude that Weakley County is self sufficient, importing or exporting goods developed from the Retail Trade indusiry? Wby? (5 Points) 3. Given the data below from an Input Output (IO) analysis, answer the following questions. (b) Using the decision rules discussed in the lectures about interpreting the value of LQ, would you conclude that Weakley County is self sufficient, importing or exporting goods developed from the Retail Trade industry? Wby? (5 Points) 3. Given the data below from an Input Output (1V) analysis, answer the following questions. (a) Calculate the income multiplier for Agriculture. (20 Points) (a) Calculate the income multiplier for Agriculture. (20 Points) (b) Interpret the Income Multiplier for Agriculture by explaining what it means. (5 Points) 4. Discuss the role of Agriculture in the larger macro cconomy. Make sure to discuss both the contributions and societal costs. (25 Points) (b) Calculate the industrial mix componeat (in % ) expected for the Healtheare industry in Weakley County. ( 5 points) (c) Calculate the competitive share component (in \%) expected for the Healtheare industry in Weakley County. (5 points) (d) From the metrics you calculated above, is the Healtheare industry in Weakley County growing faster or slower than the national average? Provide support for your answer. (5 points) 2. Given the data contained in the Homework 43 . supplement for Question 2 (the tab on the bottom of the Exeel spreadsheet), answer the following questions. (b) Using the decision rules discussed in the lectures about interpreting the value of LQ, woald you conclude that Weakley County is self sufficient, importing or exporting goods developed from the Retail Trade indusiry? Wby? (5 Points) 3. Given the data below from an Input Output (IO) analysis, answer the following questions. (b) Using the decision rules discussed in the lectures about interpreting the value of LQ, would you conclude that Weakley County is self sufficient, importing or exporting goods developed from the Retail Trade industry? Wby? (5 Points) 3. Given the data below from an Input Output (1V) analysis, answer the following questions. (a) Calculate the income multiplier for Agriculture. (20 Points) (a) Calculate the income multiplier for Agriculture. (20 Points) (b) Interpret the Income Multiplier for Agriculture by explaining what it means. (5 Points) 4. Discuss the role of Agriculture in the larger macro cconomy. Make sure to discuss both the contributions and societal costs. (25 Points)
