What the leontief input-output model in economics

Assignment Help Business Economics
Reference no: EM13838565

Describe in one short paragraph what the Leontief input-output model in Economics is about. State the meaning of the variables. The solution involves an inverse. State this inverse.

Reference no: EM13838565

Questions Cloud

Aggregate demand decreased during the great depression : As a result of several factors, aggregate demand decreased during the Great Depression. One factor would be:
Savings is crucial for economic growth : Classical economists believe that savings is crucial for economic growth because:
Summarizes the main causes of the great recession : Which of the following best summarizes the main causes of the Great Recession?
New user-friendly computer system reduces training time : Training and Friction. Assuming diminishing marginal product of additional workers and diminishing marginal product of additional hours-per-worker, how would a profit-maximizing arm adjust its mix of workers and hours-per-worker in response to [ceter..
What the leontief input-output model in economics : Describe in one short paragraph what the Leontief input-output model in Economics is about. State the meaning of the variables. The solution involves an inverse. State this inverse.
What is the capitalized equivalent amount worth : What is the capitalized equivalent amount worth, at 8% annual interest compounded semi annually, for a present initial cost investment of $50,000, a series of semi annual positive disbursement of $5,000 that extent to infinity, and in 12 years there ..
What is the payback period for an investment : A gourmet ice cream store has fixed cost expenses (rent, utilities, etc.) of $100,000/year. The ice cream cost $5/liters to produce and sell for $7 per liter. The store sells around 150,000 liters of ice cream per year. If the gourmet ice cream store..
Inflation is not result but cause of monetary emission : Inflation is not the result but the cause of monetary emission. As there's inflation (because of other reasons not important here), people need more money and the central bank needs to print more money. How can you argue against that? As it seems to ..
Impact of merger control on economy-wide market structure : What are the studies that control for changes in technology, capital availability and perhaps other factors and quantify the impact of merger control on economy-wide market structure/concentration measures?

Reviews

Write a Review

Business Economics Questions & Answers

  Constitution and its protection and permitted regulation

After reading Psalm 55:21, discuss the freedom of speech section of the First Amendment to the U.S. Constitution and its protection and permitted regulation, of commercial and political speech engaged in by business, including justifications for such..

  Different between quantitative easing and inflation

What is the different between quantitative easing and inflation? And how can they be explained using the graph of demand V.S supply?

  Compute point elasticities at prices

Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.

  Discourage twinkie consumption by raising the price

School tries to discourage Twinkie consumption by raising the price to $.40, by how much will Matt's mother have to increase his lunch allowance to provide him.

  Determine the socially optimal amount of publicly

Assume that students and non students have revealed their group demands for junior college education, a public good, as follows: Q=1500-0.25P, Student demand , Q=4000-P, non student demand, Where Q is the number of students educated per year and P is..

  Sales and marketing have evolved over recent decades

How managed care sales and marketing have evolved over recent decades, and how these may possibly evolve over the decades ahead.

  Illustrate what would the peso-dollar exchange rate

Illustrate what would the peso-dollar exchange rate be if purchasing-power parity holds. Explain how can the organization use technology to change this balance for an advantage.

  What level must be a ceiling price imposed upon monopolist

At what level must be a ceiling price imposed upon the monopolist's market to cause the monopolist to supply the efficient quantity supplied?

  Q1 apparent motion is dependent on factors other than isi

q1. apparent motion is dependent on factors other than isi. describe the various factors that would affect ones ability

  Supply-and-demand diagrams equilibrium price and quantity

American rice producers have extremely high production costs, due to some structural problems. Therefore, if not supported by the government, they will not be able to compete with foreign producers. Analyze two supportive policies intended to maintai..

  Illustrate new equilibrium an increase expenditure

Illustrate what would be new equilibrium if re is an increase in autonomous import expenditure from 100 to 200 which result from an increase in currency exchange rate.

  Requirement in secondary market for gasoline falls

Illustrate that there are any extra costs or benefits due to this shift.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd