Input-Output Analysis: What it is, What it Does, and Its Types.
Input-Output Analysis: Definition, Key Features, and Types What is input and output examples? In macroeconomics, the term “input” refers to the resources used to produce goods and services. These resources can be either physical (e.g. land, labor, capital) or human (e.g. knowledge, skills, entrepreneurship). Output, on the other hand, refers to the quantity of goods … Read more