Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE INCLUDE FORMULAS AND COMPUTATIONS FOR THE RESULTS BELOW : - Using economic base theory and regional economic indicators, you must include the location quotients

PLEASE INCLUDE FORMULAS AND COMPUTATIONS FOR THE RESULTS BELOW:

- Using economic base theory and regional economic indicators, you must include the location quotients for years 2015, 2018, and 2020 in reference to the USA. Compute the basic and non-basic indicators for employment sectors for these years.

- Compute the base multipliers for 2015, 2018, and 2020 for the county.

- Present the shift shares in percentages between 2015, 2018, and 2020 for local industries.

BASE MULTIPLIERS:

The base multipliers for 2015, 2018, and 2020 for Hamilton County are as follows:

2015: 1.21

2018: 1.33

2020: 1.45

3. SHIFT SHARES:

The shift shares in percentages between 2015, 2018, and 2020 for Hamilton County industries are as follows:

2015:

- Manufacturing: 28.57%

- Retail: 8.33%

- Healthcare: 8.33%

- Education: 8.33%

2018:

- Manufacturing: 30.77%

- Retail: 9.23%

- Healthcare: 8.85%

- Education: 9.23%

2020:

- Manufacturing: 33.33%

- Retail: 10.00%

- Healthcare: 9.09%

- Education: 9.09%

PLEASE INCLUDE FORMULAS AND COMPUTATIONS FOR THE RESULTS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Principles Practice And Problems

Authors: Jagdish Prakash

1st Edition

9327244745, 978-9327244748

More Books

Students also viewed these Accounting questions

Question

=+5.14. Let f (x) be n2x or 2n -n2x or 0 according as 0 5x

Answered: 1 week ago