Gross Private Domestic Investment $ 1,593 Personal Taxes 1,113 Transfer Payments 1,683 Taxes on Production and Imports 695 Corporate Income Taxes 213 Personal Consumption Expenditures 7,304 Consumption of Fixed Capital 1,393 US Exports 1,059 Dividends 434 Government Purchases 1,973 Net Foreign Factor Income 10 Undistributed Corporate Profits 141 Social Security Contributions 748 US Imports 1,483 Statistical Discrepancy 50 Refer to the accompanying national income data (in billions of dollars). Net exports are equal to
Gross Private Domestic Investment $ 1,593 Personal Taxes 1,113 Transfer Payments 1,683 Taxes on Production and Imports 695 Corporate Income Taxes 213 Personal Consumption Expenditures 7,304 Consumption of Fixed Capital 1,393 US Exports 1,059 Dividends 434 Government Purchases 1,973 Net Foreign Factor Income 10 Undistributed Corporate Profits 141 Social Security Contributions 748 US Imports 1,483 Statistical Discrepancy 50 Refer to the accompanying national income data (in billions of dollars). Net exports are equal to
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Gross Private Domestic Investment
$ 1,593
Personal Taxes
1,113
Transfer Payments
1,683
Taxes on Production and Imports
695
Corporate Income Taxes
213
Personal Consumption Expenditures
7,304
Consumption of Fixed Capital
US Exports
1,393
1,059
Dividends
434
Government Purchases
1,973
Net Foreign Factor Income
10
Undistributed Corporate Profits
141
Social Security Contributions
748
US Imports
1,483
Statistical Discrepancy
50
Refer to the accompanying national income data (in billions of dollars). Net exports are equal to
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