The input-output table, when divided vertically shows ?
Correct answer: A. the inputs to each industry from other industries and sectors
- A. the inputs to each industry from other industries and sectors
- B. development planning and the required information on national income growth
- C. the planned public capital divided by feasible actual industrial projects public capital
- D. how the output of each industry is distributed within the sectors of the economy
Explanation
In an input-output table, columns represent the inputs required by each industry from other industries and sectors. Rows instead show how an industry’s output is distributed among users.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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