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The following is an input-output table for a three-sector economy of a country Q 1 2 3 FD TD 1 2 3 20 120 70
The following is an input-output table for a three-sector economy of a country Q 1 2 3 FD TD 1 2 3 20 120 70 130 480 110 50 140 90 110 180 170 320 900 450 1, 2 and 3 represent agriculture, manufacturing and tourism sectors respectively. FD = Final Demand and TD = Total Demand a) Explain the economic meaning of EACH of the entries in all the rows and columns (6 Marks)
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Macroeconomics Principles Applications And Tools
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
7th Edition
978-0134089034, 9780134062754, 134089030, 134062752, 978-0132555234
