Calculate the input-output coefficients for two industries

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Question: Data in exercise Table describe the inputs purchased by manufacturing and services for their production process. Calculate the input-output coefficients for the two industries and report them in the table. Answer the following questions:

a. In which factor is the production of manufacturing most intensive?

b. In which factor is the production of services most intensive?

c. Which industry is more labor intensive?

d. Describe the upstream and downstream role of manufacturing.

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Reference no: EM131500592

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