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b) The total expenditure is 6406.4 and the total production is 8906.8. c) Construction has the highest consumption of its own resources. According to the technology matrix, the industry of ‘construction’ industry has the highest consumption of its own resources, which is around 70%. In addition, Construction also represents a significant importance to other industries at the same time. In fact, almost every other industry more or less will consume a significant portion of resources from the Construction . For example, if Construction experiences poor performance, non- metallic mineral products will be affected heavily, because when people doing Construction , Non-metallic minerals will be used inside this industry. d) Basic metals, fabricated metal products, machinery and equipment, electrical machinery and apparatus, motor vehicles, other transport equipment, manufacturing nec; recycling have demand for basic metals. Internal and external demand of basic metals = total output of basic metals = 0.2 Basic Metal + 0.3 Fabricated Metal + 0.2 Machinery and Equipment + 0.2 Electrical Machinery + 0.1 Motor Vehicles + 0.1 other transport equipment + 0.1 manufacturing + 11745.2 (external demand). e) Industry Name Output need for external demands Output need for total demands Agriculture, hunting, forestry and fishing 11419.71 102707.00 Mining and quarrying 96032.35 328710.40 Food products, beverages and tobacco 8497.84 81178.38 Textiles, textile products, leather and footwear 387.32 10717.03 Wood and products of wood and cork 2977.72 44260.59 Pulp, paper, paper products, printing and publishing 7470.49 132306.59 Coke, refined petroleum products and nuclear fuel 4973.67 48374.83 Chemicals and chemical products 8817.82 67829.79 Rubber and plastics products 2865.58 29560.14 Other non-metallic mineral products 3450.09 58605.29 Basic metals 23618.31 130597.85 Fabricated metal products 7772.05 89257.57 Machinery and equipment, nec 5695.88 35929.59 Computer, Electronic and optical equipment 3377.23 37849.82 Electrical machinery and apparatus, nec 1456.06 16591.87 Motor vehicles, trailers and semi-trailers 2609.73 31400.13 Other transport equipment 3638.01 31807.14 Manufacturing nec; recycling 852.32 17518.56 Electricity, gas and water supply 7434.76 113278.19 Construction 26525.69 382466.51 Wholesale and retail trade; repairs 50892.61 482442.78 Hotels and restaurants 1688.76 60905.20 Transport and storage 31996.92 300039.69 ECON1061 – Group Assignment (Version 3), Semester 2, 2018 Page 8 of 12
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Post and telecommunications 6714.26 121842.06 Financial intermediation 11999.49 243089.49 Real estate activities 9634.31 276844.26 Renting of machinery and equipment 4383.46 57552.60 Computer and related activities 6170.05 107559.86 R&D and other business activities 36091.83 478891.68 Public administration and defence; compulsory social security 12218.53 193819.34 Education 381.33 20311.84 Health and social work 8.48 29179.49 Mining and quarrying
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