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how we know what industries to use in problems two and three? For instance why use CON,MAN, TRADE in problem two. And also why those
how we know what industries to use in problems two and three? For instance why use CON,MAN, TRADE in problem two. And also why those departments for problem three. 1. How many basic construction jobs are there in Toledo using either approach? National average =12% and Minimum requirement (set by Akron) is also 12% So, 14%12%=2%, and 125,0002%=2,500 basic jobs. 2. What is the economic base multiplier for the city of Toledo using the location quotient approach? CON 0.1400.120=0.020 MAN 0.2960.160=0.136 TRADE 0.3790.280=0.099 Total =0.255 (\% Basic Employment) EBM=1/0.255=3.92
how we know what industries to use in problems two and three? For instance why use CON,MAN, TRADE in problem two. And also why those departments for problem three.
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