can you please help me solve the wrong answers. CategoryPersonal consumption expendituresNet foreign factor incomeTransfer paymentsRentsConsumption of fixed capital (depreciation)Statistical discrepancySocial Security contributionsInterestProprietor's incomeNet exportsDividendsCompensation of employeesTaxes on production and importsUndistributed corporate profitsPersonal taxesCorporate income taxesCorporate profitsGovernment purchasesNet private domestic investmentPersonal savingImportsInstructions: Enter your answers as whole number.a. What is the value of exports?$25 billionb. What is the value of national income?$318 billionc. What is the GDP?$421billiond. What is the value of personal income?$261 billionBillions ofDollars$ 280691631151614311210258161924174667311813

d. Personal Income Personal Income (PI) is the income received by households and non-corporate…

Answered: Category Personal consumption…

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 18RQ: What is deflation?

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