Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Consumption of fixed capital (depreciation) Statistical discrepancy Social Security contributions Interest Proprietor's income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. a. What is the value of exports? $ 25 billion b. What is the value of national income? $ 318 billion c. What is the GDP? $ 421 billion d. What is the value of personal income? $ 261 billion Billions of Dollars $ 280 6 9 16 31 15 16 14 31 12 10 258 16 19 24 17 46 67 31 18 13
Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Consumption of fixed capital (depreciation) Statistical discrepancy Social Security contributions Interest Proprietor's income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. a. What is the value of exports? $ 25 billion b. What is the value of national income? $ 318 billion c. What is the GDP? $ 421 billion d. What is the value of personal income? $ 261 billion Billions of Dollars $ 280 6 9 16 31 15 16 14 31 12 10 258 16 19 24 17 46 67 31 18 13
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.5P
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