Consider input-output model: input matrix: a= r 0.05 0.33 0.19 0.25 0.10 0.38 0.34 1 0.12 0 final-demand vector: d= r 1800 200 900 1) explain economic meaning of the elements 0.25, 0, and 900. (3 points) 2) explain the economic meaning of the second-column sum. (3 points) 3) write out the specific input-output matrix equation for this model. (2 points) 4) solve the model by any method. (8 points) 5) describe in words what your solution mean. (4 points) 6) write out comparative-static derivatives in the form of 7.23" on page 174 in the textbook. (2 points) 7) what does the partial derivative of xı with respect to d2 mean? (2 points)

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries