Suppose an Economy Has the Technology Matrix Below

question 181

Multiple Choice

Suppose an economy has the technology matrix below. If surpluses of 525 units of electronics, 31 units of steel, and 140 autos are desired, find the gross production for each industry. ​
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• A) electronics = 2150, steel = 985, autos = 690
• B) electronics = 2150, steel = 2152, autos = 690
• C) electronics = 2150, steel = 690, autos = 985
• D) electronics = 2152, steel = 985, autos = 690
• E) electronics = 2152, steel = 690, autos = 992

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Definitions:

Proper Tax Treatment

The correct or legal manner of reporting and handling taxes for various transactions and situations according to tax regulations.

Lookback

A financial term referring to the practice of looking back at historical data or periods to make calculations or assessments.

Separate Maintenance

A legal agreement or court order requiring a spouse to support the other financially during a separation but prior to a divorce.

Court Ordered Decree

A formal order issued by a court that mandates or legally finalizes a decision, often related to divorce, child custody, or support.