Input-Output Models…

question 4

Multiple Choice

Input-Output Models….

• A)assume that each industry's output is comprised of a fixed set of inputs
• B)are used almost exclusively for economic impact studies
• C)are based on the Keynesian flow of income model
• D)are rarely used in regional economic impact studies

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Definitions:

Appeal To Ignorance

A fallacy in arguments where a conclusion is based on an absence of evidence, rather than the presence of evidence.

College Cafeteria

A dining area within a college or university where students, faculty, and staff can purchase and eat meals.

Leftovers

Food that remains uneaten at the end of a meal and is often saved for later consumption.

Roommate

A person with whom one shares a living facility such as a room or apartment but is not related or romantically involved with.