Based on the information in the table below, what is gross investment? $ million Corporate profit 350 Interest and miscellaneous investment income 170 Taxes less subsidies 230 Depreciation 130 Wages, salaries and supplementary labour income 920 Farmers' income 200 Income of nonfarm unincorporated businesses 170 Personal consumption 1,120 Government expenditures on goods and services 400 Government transfer payments 50 Net exports -80 $950 million $870 million O $600 million O $730 million O $560 million

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Based on the information in the table below, what is gross investment?
$ million
Corporate profit
350
Interest and miscellaneous investment income
170
Taxes less subsidies
230
Depreciation
130
Wages, salaries and supplementary labour
income
920
Farmers' income
200
Income of nonfarm unincorporated businesses
170
Personal consumption
1,120
Government expenditures on goods and
services
400
Government transfer payments
50
Net exports
-80
$950 million
$870 million
$600 million
$730 million
$560 million
Transcribed Image Text:Based on the information in the table below, what is gross investment? $ million Corporate profit 350 Interest and miscellaneous investment income 170 Taxes less subsidies 230 Depreciation 130 Wages, salaries and supplementary labour income 920 Farmers' income 200 Income of nonfarm unincorporated businesses 170 Personal consumption 1,120 Government expenditures on goods and services 400 Government transfer payments 50 Net exports -80 $950 million $870 million $600 million $730 million $560 million
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