Using the following transactions below, compile the Supply and Use Table Oil refinery imported $720,000 worth of crude oil to produce. Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. Household purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%).
Using the following transactions below, compile the Supply and Use Table Oil refinery imported $720,000 worth of crude oil to produce. Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel. Household purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Using the following transactions below, compile the Supply and Use Table
- Oil refinery imported $720,000 worth of crude oil to produce.
- Oil refinery uses crude oil to produce $500,000 worth of petrol and $220,000 worth of diesel.
- Household purchased (40%) of petrol government (30%), manufacturing (10 %) and exports (20%).
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