quantitative analysis, Mathematics

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Suppose the economy is now ‘open’ and thus has an external demand (e.g. from the government, exports, etc.) of the dollar amounts for each respective industry. In the latest budget the Australian government has declared significant cuts to the ‘Transport and Support Services’ Industry. In fact, it has decided to cut the external demand of this industry by half. Discuss the impact of this on the Australian cattle and sheep industry. Discuss which industry outside ‘Transport and Support Services’ will be most heavily impacted by the cut to Transport and Support Services external demand and possible reasons for why this other industry would be impacted (preferably with reference(s))?

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