NATIONAL INCOME DATA (in current prices) 1992 III Personal consumption expenditures Gross private domestic investment Government purchases of goods and services (in billions of dollars) 4,105.0 776.9 1,122.5 626.8 664.2 697.3 Exports Imports Capital consumption allowance (depreciation) Source: Survey of Current Business, Vol. 72, Number 10, (October 1992), p. 8, 10
NATIONAL INCOME DATA (in current prices) 1992 III Personal consumption expenditures Gross private domestic investment Government purchases of goods and services (in billions of dollars) 4,105.0 776.9 1,122.5 626.8 664.2 697.3 Exports Imports Capital consumption allowance (depreciation) Source: Survey of Current Business, Vol. 72, Number 10, (October 1992), p. 8, 10
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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1. Based on this table, the Gross Domestic Product is $_______ billion.
![**National Income Data (in current prices) for 1992 III**
- **Personal consumption expenditures:** 4,105.0 billion dollars
- **Gross private domestic investment:** 776.9 billion dollars
- **Government purchases of goods and services:** 1,122.5 billion dollars
- **Exports:** 626.8 billion dollars
- **Imports:** 664.2 billion dollars
- **Capital consumption allowance (depreciation):** 697.3 billion dollars
*Source: Survey of Current Business, Vol. 72, Number 10, (October 1992), p. 8, 10*
This table provides an overview of the national income data in the U.S. in the third quarter of 1992. It includes expenditures and investments across various sectors and their financial valuations in billions of dollars.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8fd71a05-cce6-42ce-8872-636d0d92cbc9%2Ff97a3783-6e51-4ee7-b09c-b6ce7d567ff8%2F2mxmkfb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**National Income Data (in current prices) for 1992 III**
- **Personal consumption expenditures:** 4,105.0 billion dollars
- **Gross private domestic investment:** 776.9 billion dollars
- **Government purchases of goods and services:** 1,122.5 billion dollars
- **Exports:** 626.8 billion dollars
- **Imports:** 664.2 billion dollars
- **Capital consumption allowance (depreciation):** 697.3 billion dollars
*Source: Survey of Current Business, Vol. 72, Number 10, (October 1992), p. 8, 10*
This table provides an overview of the national income data in the U.S. in the third quarter of 1992. It includes expenditures and investments across various sectors and their financial valuations in billions of dollars.
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