3326EconomicsMedium
In his empirical tests, Wassily Leontief used an input-output table to?
Acalculate the capital productivity of American capital relative to foreign capital
Bcalculate the capital and labor required to produce $1 million of U.S exports and imports
CAll of the above
Dcalculate the labor productivity of America workers relative to foreign workers
Correct answer
B. calculate the capital and labor required to produce $1 million of U.S exports and imports
Explanation
The correct answer is calculate the capital and labor required to produce $1 million of U.S exports and imports.