QUESTION 2 Refer to the table (all figures in billions of dollars). The net dormestic product (NDP) for this economy is #3 Items Amount (i) (1) Personal Taxes $40 (2) Social Security Contributions $15 (3) Taxes on Production and Imports $20 (4) Corporate Income Taxes $40 (5) Transfer Payments $22 (6) U.S. Exports $24 (7) Undistributed Corporate Profits $35 (8) Government Purchases (9) Gross Private Domestic Investment $75 (10) U.S. Imports $22 (11) Personal Consumption Expenditures $250 (12) Consumption of Fixed Capital $25 (13) Net Foreign Factor Income $10 (14) Statistical Discrepancy $0 $370 $392 $402 O $417 $467

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QUESTION 2
Refer to the table (all figures in billions of dollars). The net dormestic product (NDP) for this economy is
Items
Amount
(1)
(1)
Personal Taxes
$40
(2)
Social Security Contributions
$15
(3)
Taxes on Production and Imports
$20
(4)
Corporate Income Taxes
$40
(5)
Transfer Payments
$22
(6)
U.S. Exports
$24
(7)
Undistributed Corporate Profits
$35
(8)
Government Purchases
$90
(9)
Gross Private Domestic Investment
$75
(10)
U.S. Imports
$22
(11)
Personal Consumption Expenditures
$250
(12)
Consumption of Fixed Capital
$25
(13)
Net Foreign Factor Income
$10
(14)
Statistical Discrepancy
SO
$370
$392
$402
$417
$467
Transcribed Image Text:QUESTION 2 Refer to the table (all figures in billions of dollars). The net dormestic product (NDP) for this economy is Items Amount (1) (1) Personal Taxes $40 (2) Social Security Contributions $15 (3) Taxes on Production and Imports $20 (4) Corporate Income Taxes $40 (5) Transfer Payments $22 (6) U.S. Exports $24 (7) Undistributed Corporate Profits $35 (8) Government Purchases $90 (9) Gross Private Domestic Investment $75 (10) U.S. Imports $22 (11) Personal Consumption Expenditures $250 (12) Consumption of Fixed Capital $25 (13) Net Foreign Factor Income $10 (14) Statistical Discrepancy SO $370 $392 $402 $417 $467
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