Question
Using the following transactions below, compile the Supply and Use Table 1. i. Corn was imported by the agricultural sector (100,000) and 80% used by
Using the following transactions below, compile the Supply and Use Table 1. i. Corn was imported by the agricultural sector (100,000) and 80% used by the sector. ii. Manufacturing industry utilizes 20% of imported corn to produce bread which is sold to government, private sector and hotels equally. iii. Household sector and private sector utilize the remaining corn equally 2. i. Oil refinery imported $720,000 worth of crude oil to produce. ii Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. iii Household purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%). 3. $5000 was paid as wages in for workers in the agricultural and manufacturing sector. Tax on the production of petrol was $7000. Answer all questions
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