dataassignment_ch6q4.xlsHome
| Chapter 6 Problem 4 | |||||||||
| Home | |||||||||
| Autarky | Key | Real Factor Payments | Income Gap | ||||||
| Pf/Pf | 1 | = | 5X+3Y+0Z+0V | X = w/Pf | 0.5313 | ||||
| Qf = | 131.5 | Pc/Pf | 0.9940 | = | 4X+4Y+0Z+0V | Y = r/Pf | |||
| Qc = | 105 | Pf/Pc | 1.0061 | = | 0X+0Y+5Z+3V | Z = w/Pc | |||
| Pc/Pc | 1 | = | 0X+0Y+4Z+4V | V = r/Pc | |||||
| Matrix of Coefficients | |||||||||
| 5 | 3 | 0 | 0 | ||||||
| 4 | 4 | 0 | 0 | ||||||
| 0 | 0 | 5 | 3 | ||||||
| 0 | 0 | 4 | 4 | ||||||
| Inverse of the Matrix | |||||||||
| 0.2 | 0.3333333333 | 0 | 0 | ||||||
| 0.25 | 0.25 | 0 | 0 | ||||||
| 0 | 0 | 0.2 | 0.3333333333 | ||||||
| 0 | 0 | 0.25 | 0.25 | ||||||
| Free Trade | Key | Real Factor Payments | Income Gap | ||||||
| Pf/Pf | 1 | = | 5X+3Y+0Z+0V | X = w/Pf | |||||
| Qf = | 125 | Pc/Pf | 0.9756 | = | 4X+4Y+0Z+0V | Y = r/Pf | |||
| Qc = | 125.0 | Pf/Pc | 1.0250 | = | 0X+0Y+5Z+3V | Z = w/Pc | |||
| Pc/Pc | 1 | = | 0X+0Y+4Z+4V | V = r/Pc |
Foreign
| Chapter 6 Problem 4 | |||||||||
| Foreign | |||||||||
| Autarky | Key | Real Factor Payments | Income Gap | ||||||
| Pf/Pf | = | 5X+3Y+0Z+0V | X = w/Pf | ||||||
| Qf = | Pc/Pf | = | 4X+4Y+0Z+0V | Y = r/Pf | |||||
| Qc = | Pf/Pc | = | 0X+0Y+5Z+3V | Z = w/Pc | |||||
| Pc/Pc | = | 0X+0Y+4Z+4V | V = r/Pc | ||||||
| Matrix of Coefficients | |||||||||
| 5 | 3 | 0 | 0 | ||||||
| 4 | 4 | 0 | 0 | ||||||
| 0 | 0 | 5 | 3 | ||||||
| 0 | 0 | 4 | 4 | ||||||
| Inverse of the Matrix | |||||||||
| Free Trade | Key | Real Factor Payments | Income Gap | ||||||
| Pf/Pf | = | 5X+3Y+0Z+0V | X = w/Pf | ||||||
| Qf = | Pc/Pf | = | 4X+4Y+0Z+0V | Y = r/Pf | |||||
| Qc = | Pf/Pc | = | 0X+0Y+5Z+3V | Z = w/Pc | |||||
| Pc/Pc | = | 0X+0Y+4Z+4V | V = r/Pc |
