Below are some national income data (all figures in $ billions): Indirect taxes (net of subsidies) $30 Other income not paid out to persons 10 Direct (personal Income) taxes 60 Corporate profit taxes 35 Government transfer payments 25 Exports 30 Undistributed corporate profits 22 Government purchases of goods and services 100 Imports 23 Consumption expenditures 200 Net investment 50 Net foreign factor income -5 Gross investment 75 Refer to the information above to answer this question. What is the value of national income? O a. $352 O b. $339 O c. $347 d. $322 Oe. $332

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Below are some national income data (all figures in $ billions):
Indirect taxes (net of subsidies)
$30
Other income not paid out to persons
• 10
Direct (personal Income) taxes
60
Corporate profit taxes
35
Government transfer payments
25
Exports
30
Undistributed corporate profits
22
Government purchases of goods and services 100
Imports
23
Consumption expenditures
200
Net investment
50
Net foreign factor income
-5
Gross investment
75
Refer to the information above to answer this question. What is the value of national income?
O a. $352
O b. $339
O c. $347
O d. $322
O e. $332
Transcribed Image Text:Below are some national income data (all figures in $ billions): Indirect taxes (net of subsidies) $30 Other income not paid out to persons • 10 Direct (personal Income) taxes 60 Corporate profit taxes 35 Government transfer payments 25 Exports 30 Undistributed corporate profits 22 Government purchases of goods and services 100 Imports 23 Consumption expenditures 200 Net investment 50 Net foreign factor income -5 Gross investment 75 Refer to the information above to answer this question. What is the value of national income? O a. $352 O b. $339 O c. $347 O d. $322 O e. $332
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