16. Suppose there are only three industries in an economy and one primary input, and that the input- output coefficient matrix is as follows: [0.2 0.3 0.2 0.4 0.1 0.2 0.1 0.3 0.2] If the final demands are d₁ = 30 d₂ = 15 and dz 3 = 10 (all in billions of pesos), what are the solution output levels for the three industries? (Round off answers to two decimal places.)
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- The occurrence of ____ includes GREATERr INTEGRATION OF ECONOMIC ACTIVITIES, PRODUCTS, AND SYSTEMSr ACROSS THE WORLD. (AS Szentes) said, globalization in economicr terms extends economic projects and relationsr transnationally/beyond national level and promote economicr interdependencies among different countriesConsider the accompanying speculative data relating to a nation's imports, utilization, and creation of T-shirts following the expulsion of the MFA portion: Without MFA (Free Trade With MFA $2.00 World cost ($/shirt) $2.00 Domestic cost ($/shirt) $2.50 Domestic utilization (million shirts/year) 125 100 Domestic creation (million shirts/year) 75 50 75 Imports (million shirts/year) 25 MFA, multifibre game plan. a)Calculate the amount leases that were procured under the share. b)Determine what amount the nation has acquired from expulsion of the quantity?In the Saul model, if the per capita production function is y=k^0.7, the savings rate is 0.2, and the depreciation rate(8) is 0.1, then the steady-state level of capital per worker (k') equals O O O A. B. C. D. 4.85 8.05 10.08. 11.12
- Question ? Consider the accompanying speculative data relating to a nation's imports, utilization, and creation of T- shirts following the expulsion of the MFA portion: Without MFA (Free Trade With MFA $2.00 World cost ($/shirt) $2.00 Domestic cost ($/shirt) $2.50 Domestic utilization (million shirts/year) 125 100 Domestic creation (million shirts/year) 75 50 75 Imports (million shirts/year) 25 MFA, multifibre game plan. a)Calculate the amount leases that were procured under the share. b)Determine what amount the nation has acquired from expulsion of the quantity?My perspective is that the interests should be the paramount concern of government trade poly between producers and consumers for different reasons. The key interests for the producers would be the economic growth and maintaining a competitive domestic industry. These two ideas are very important for business and their employees because these two parts are the key for how producers will make enough money for their company. In addition, rules that will support a competitive domestic industry will help reserve jobs and will still have competition. Consumers are very important because they will benefit from the competitive trade that is out there for good competitive prices. The whole goal of consumers is that they make trade very beneficial, so the interests should be towards the consumers as well. please help reply to this discussion post, needs to be 150 words at leastThe opening statement on the website of the Organization of Petroleum Exporting Countries (OPEC) says its members seek “ … to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.” To achieve these goals, OPEC attempts to coordinate and unify petroleum policies by raising or lowering its members’ collective oil production. However, increased production by the United States, Russia, Oman, Mexico, Norway, and other non-OPEC countries has placed downward pressure on the price of crude oil. Please explain: To achieve these goals of stable and fair oil prices, what must OPEC do to maintain the price of oil at its desired level? How easy is it for OPEC to achieve this goal?
- 7 has globalization changed given the current situation we are experiencing due to COVID-19? please explain your reasoning in detail.Home's demand and supply for cars are given by: D = 130 - 30P and S = 10 + 30P, while Foreign's demand and supply for cars are: D = 60 - 30P and S² = 40 + 30P (P is thousands of US$). Home has the ad valorem tariff of T = 0.4 per car in place. Now, the Foreign government decides to grant an ad valorem export subsidy of T = 0.4 per exported car. How does this subsidy affect Home welfare? Show graphically the changes to surpluses and tax revenues for Foreign.Specifically, this insert begins with the conjecture that at this juncture, opinions differ on the future of IB and globalization, generally coalescing on three projections: Further globalization is inevitable. IB will grow primarily along regional rather than global lines. Forces working against further globalization and IB will slow down the growth of both. The view that regionalization, rather than globalization, will prevail in the future is largely based on the use of __________ among countries in a region. A) religious shifts B) common language C) universal products D) shared ideals
- Countries X and Y are identical, except that the depreciation rate in country X is10%, and the depreciation rate in country Y is 20%. Then, _____ in the long run. the capital-labor ratio (K/N) will be greater in X than in Y the capital-labor ratio (K/N) in X will be the same as that in Y the capital-labor ratio (K/N) will be less in X than in YThe Case: Ghana is a country located on the west coast of Africa. Ghana is considered as one of most economically and politically stable country in Africa. The major exports and imports of Ghana are given below. Major exports Timber, Cocoa, Aluminum, Oil and Manganese Major imports Cars, Rice, Raw sugar and Construction vehicles Different facts and figures of the economy of Ghana, for three years in three different tables, along with their particular requirement have been given below. Requirement # 1: Suppose the economy of Ghana produces only two goods; orange and mango. Table no.1: Year 2016 Year 2017 Price (Rs) Quantity 200 Goods Price (Rs) Quantity 300 Orange Mango 05 07 07 100 10 200 Calculate the following by using given information. a. Nominal GDP for the year 2016 b. Nominal GDP for the year 2017Please no written by hand solutions Question 1: State whether each of the following statements is true or false. Justify for all statements and illustrate graphically/numerically whenever necessary. 1. The steeper the supply and demand curves for a certain commodity, the lower the trade and revenue effects of a tariff imposed on imports of such commodity. 2. With a positive nominal tariff on the final commodity, more of the commodity is produced domestically than would be under free trade. 3. If imported inputs constitute half the value of the final commodity and are admitted duty free, then the rate of effective protection is equal to the nominal tariff rate on the final commodity. 4. Export subsidies can be regarded as a form of dumping.