Q1) From the following table ,National income, Personal income and Disposable personal income In millions of dollars __________________________________________ Transfer payments1500 Subsidies 500 Social insurance payments3500 Depreciation 5000 Receipts of factor income from the rest of the world 400 Government consumption and investment7500 Imports 5000 Payments of factor income to the rest of the world 500 Personal interest income from government and households3500 Indirect taxes2000 Exports6000 Net private domestic investment 10000 Personal taxes6000 Corporate profits4500 Personal consumption expenditures 25000 Dividends 400
Q1) From the following table ,National income, Personal income and Disposable personal income In millions of dollars __________________________________________ Transfer payments1500 Subsidies 500 Social insurance payments3500 Depreciation 5000 Receipts of factor income from the rest of the world 400 Government consumption and investment7500 Imports 5000 Payments of factor income to the rest of the world 500 Personal interest income from government and households3500 Indirect taxes2000 Exports6000 Net private domestic investment 10000 Personal taxes6000 Corporate profits4500 Personal consumption expenditures 25000 Dividends 400
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Q1) From the following table ,National income , Personal income and Disposable personal income
In millions of dollars
__________________________________________
Transfer payments1500
Subsidies 500
Social insurance payments3500
Receipts of factor income from the rest of the world 400
Government consumption and investment7500
Imports 5000
Payments of factor income to the rest of the world 500
Personal interest income from government and households3500
Indirect taxes2000
Exports6000
Net private domestic investment 10000
Personal taxes6000
Corporate profits4500
Personal consumption expenditures 25000
Dividends 400
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