Personal consumption expenditures $245 Net foreign factor income 4 Transfer payments 12 Rents 14 Statistical discrepancy 8 Consumption of fixed capital (depreciation) 27 Social Security contributions 20 Interest 13 Proprietors' income 33 Net exports Dividends 16 Compensation of employees Taxes on production and imports 223 18 Undistributed corporate profits 21 Personal taxes 26 Corporate income taxes 19 Corporate profits Government purchases 56 72 33 Net private domestic investment Personal saving 20
To the right is a list of domestic output and
b. Now determine NI in two ways: first, by making the required additions or subtractions from NDP; and second, by adding up the types of income and taxes that make up NI.
c. Adjust NI (from part b) as required to obtain PI.
d. Adjust PI (from part c ) as required to obtain DI.
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