Home » B C D E 1 Data for Question 1 N Employment Sector (Industry) Aw United States Employment Weakley Co. Employment 2002 2007 2002 2007 Professional…

# B C D E 1 Data for Question 1 N Employment Sector (Industry) Aw United States Employment Weakley Co. Employment 2002 2007 2002 2007 Professional…

2.   Given the data contained in the Homework #3 supplement for Question 2 (the tab on the bottom of the Excel spreadsheet), answer the following questions.

(a) Calculate the Location Quotient (LQ) for the Retail Trade industry by using Weakley County as the local employment sector (the numerator in the LQ formula) and the entire four county region’s Retail Trade industry as the denominator in the LQ formula. As a hint I have highlighted the total employed workforce in Yellow and the number of workers employed in the Retail Trade industry for each county in Orange.  (20 Points)

(b) Using the decision rules discussed in the lectures about interpreting the value of LQ, would you conclude that Weakley County is self sufficient, importing or exporting goods developed from the Retail Trade industry?  Why? (5 Points)

3.     Given the data below from an Input/Output (I/O) analysis, answer the following questions.

Data from Input/Output (IO) Analysis

Total

Output

Direct

Change

Income

Industry

Factor

Coefficient

Agriculture

\$1.22

0.65

Manufacturing

\$0.43

0.56

\$0.35

0.33

Services

\$0.67

0.84

Healthcare

\$0.12

0.18

(a) Calculate the income multiplier for Agriculture. (20 Points)

(b) Interpret the Income Multiplier for Agriculture by explaining what it means.  (5 Points)

4.  Discuss the role of Agriculture in the larger macro economy. Make sure to discuss both the contributions and societal costs. (25 Points)

BCDE1Data for Question 1NEmployment Sector (Industry)AwUnited States EmploymentWeakley Co. Employment2002200720022007Professional7,243,5057,870,41412798Retail Trade14,647,67515,515,3961,2831,256Healthcare15,052,25516,792,0741,3661,527Many others…Total120,301,239152,559,6179,0846,058111213141516

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.