Question Details

(solution) This is the problem set, all the questions are in the word


This is the problem set, all the questions are in the word documents


GEOG 2100 - Economic Geography

 

Exercise 3

 

Urban Multiplier and Input/Output Analysis

 

In Section 8, you learned about regional economic multipliers. In this exercise

 

you will use the concept of multipliers to inform policy makers regarding a proposed

 

economic development plan. The attached tables are input/output tables for the tri-city

 

region of Geogville, Weberland, and Cromburg. Any industry in Weberland will

 

purchase inputs from Industry D in Geogville. Any industry in Cromburg will purchase

 

inputs from Industry F in Geogville.

 

The regional government is interested in stimulating the economy of this tri-city

 

area. The legislature is considering contracts that will either (1) increase Industry A

 

output by $1,000,000., or (2) increase Industry B output by $1,000,000. As chief

 

economic advisor, your job is to advise the legislature as to where the ?bests? returns to

 

investment are. In addition, indicate which industry is most vital to the economy of

 

Cromburg. Purchasing Industry

 

A

 

B

 

C

 

D

 

E

 

F A

 

0.1

 

0.1

 

0.4

 

0.1

 

0.1

 

0.1 B

 

------------------------------- C

 

------------------------------- D

 

0.1

 

0.1

 

0.1

 

0.1

 

0.2

 

0.1 E

 

0.2

 

0.2

 

0.1

 

0.1

 

0.1

 

0.1 F

 

0.1

 

0.1

 

0.1

 

0.1

 

0.1

 

0.2 D

 

------------------------------- E

 

0.2

 

0.2

 

0.1

 

0.1

 

0.1

 

0.1 F

 

0.1

 

0.1

 

0.1

 

0.1

 

0.1

 

0.2 D

 

0.1

 

0.1

 

0.1

 

0.1

 

0.2

 

0.1 E

 

0.2

 

0.2

 

0.1

 

0.1

 

0.1

 

0.1 F

 

------------------------------- Geogville Purchasing Industry

 

A

 

B

 

C

 

D

 

E

 

F A

 

------------------------------- B

 

0.1

 

0.1

 

0.3

 

0.2

 

0.0

 

0.1 C

 

------------------------------Weberland Purchasing Industry

 

A

 

B

 

C

 

D

 

E

 

F A

 

------------------------------- B

 

------------------------------- C

 

0.1

 

0.2

 

0.2

 

0.1

 

0.3

 

0.0

 

Cromburg Direct Round

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Geogville

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Weberland

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Cromburg Industry Stimulus First Indirect Round

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Geogville

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Weberland

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Cromburg Industry Stimulus Second Indirect Round

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Geogville

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F Industry Stimulus A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Weberland

 

Purchasing Industry

 

Initial

 

Production

 

A B C D E F A

 

B

 

C

 

D

 

E

 

F

 

Total for City:

 

Cromburg Industry Stimulus

 


Solution details:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Jan 30, 2021

PRICE: $15

Solution~0001017255.zip (25.37 KB)

Buy this answer for only: $15

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free solution (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Jan 30, 2021

EXPERT

Tutor

ANSWER RATING

GET INSTANT HELP/h4>

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now