Please give me propercalculation and full explanation otherwise i give downvoteNote:-Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate. GDPDepreciationRetainedearningsPersonal taxpaymentsTransferpaymentsO $2,250 billionO $2,450 billion.O $5,130 billion.Billions ofDollars$3,250300QUESTION 91,000500Refer to Table 8-30. Based on the table above, what is personal income for this economy?O $1.950 billion80Click Save and Submit to save and submit. Click Save All-Answers to save all answers.

Personal income(PI) refers to the total earnings received by individuals, including wages(W),…

Answered: GDP Depreciation Retained earnings…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please give me propercalculation and full explanation otherwise i give downvote

Note:-

Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.

Answer completely and accurate answer.

Rest assured, you will receive an upvote if the answer is accurate.

GDP
Depreciation
Retained
earnings
Personal tax
payments
Transfer
payments
O $2,250 billion
O $2,450 billion.
O $5,130 billion.
Billions of
Dollars
$3,250
300
QUESTION 9
1,000
500
Refer to Table 8-30. Based on the table above, what is personal income for this economy?
O $1.950 billion
80
Click Save and Submit to save and submit. Click Save All-Answers to save all answers.

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