Input-output analysis would be useful to indicate the long run relationship between industries.

Question

Quizplus · Accepted Answer

Input-output analysis is a tool used to study the interdependence of different industries in an economy. It helps to understand the flow of goods and services between industries and how changes in one industry can affect others. By examining the production and consumption patterns, input-output analysis can provide insights into the long-run relationship between industries.

Input-Output Analysis Would Be Useful to Indicate the Long Run