Personal Consumption Expenditures $400 Government Purchases 128 Gross Private Domestic Investment 88 Net Exports 7 Net Foreign Factor Income Consumption of Fixed Capital Taxes on Production and Imports 43 50 Compensation of Employees 369 Rents 12 Interest 15 Proprietors' Income 52 Corporate Income Taxes 36 Dividends 24 Undistributed Corporate Profits Statistical Discrepancy 22 Refer to the accompanying national income data for the economy. All figures are In billions of dollars. The natilonal income is Multiple Cholce $561. $573. $580. $530.

Personal Consumption Expenditures $400 Government Purchases 128 Gross Private Domestic Investment 88 Net Exports 7 Net Foreign Factor Income Consumption of Fixed Capital Taxes on Production and Imports 43 50 Compensation of Employees 369 Rents 12 Interest 15 Proprietors' Income 52 Corporate Income Taxes 36 Dividends 24 Undistributed Corporate Profits Statistical Discrepancy 22 Refer to the accompanying national income data for the economy. All figures are In billions of dollars. The natilonal income is Multiple Cholce $561. $573. $580. $530.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: Poverty And Redistribution

Section: Chapter Questions

Problem 1.1P

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$20 Proprietor incme Compensaton of Employees Consumpton of Fied Capita Gross Investment Rents interest 300 10 20 Exports mpots Corporate Profts Taxes on Produdon and imports Net Foreign Factor Income Satistical Discrepancy Reter to the accompanying data. Al figurs are in billons of dolers. Net domentie product is $395. O$375
The following diagram shows select information for an economy made up of three industries for a particularly year. i+wtr+p Industry 1 f-40 10 Hwtrtp -0 20 90 30 Industry 2 +f-160 i+wtr+p f-0 Industry 3 m- 100 iminterest, wwages/salaries;r=rent pprofit, m=intermediate inputs, s= maket value of total industry output; f=market value of industry output sold as 'final' products. Note: All values are in billions of doll ars What is the gross domestic product (at factor prices) for this economy? none is correct O $400 billion O $600 billion O $330 billion 24237/take/gustion/200 EX
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at is the intermdiate demond of the agricultural,manufacutring,and energy sector
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Personal Taxes $40 15 Social Security Contributions Taxes on Production and Imports Corporate Income Taxes Transfer Payments U.S. Exports Undistributed Corporate Profits Government Purchases 20 40 22 24 35 90 75 22 Gross Private Domestic Investment U.S. Imports Personal Consumption Expenditures 250 Consumption of Fixed Capital Net Foreign Factor Income Statistical Discrepancy 25 10 Refer to the data. Pl is: 1) $402. 2) $346. 3) $314. 4) $408.
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