Refer to Exhibit 7-1. What is the value of national income? a. $4,542 Ob. $4,351 c. $2,996 d. $4,252 Oe. $4,403

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Refer to Exhibit 7-1. What is the value of national income?
a. $4,542
Ob. $4,351
c. $2,996
d. $4,252
Oe. $4,403
Transcribed Image Text:Refer to Exhibit 7-1. What is the value of national income? a. $4,542 Ob. $4,351 c. $2,996 d. $4,252 Oe. $4,403
Consumption expenditures
Federal government purchases of goods and services
State and local government's purchases
Investment
Proprietors income
Compensation of employees
Corporate profits
Taxes on corporate profits
Rental income
Capital consumption allowance
Indirect business taxes
Net interest
Exhibit 7-1
Exports
Imports
Undistributed corporate profits
Transfer payments
Personal taxes
Dividends
Income Earned from the Rest of the World
Income Earned by the Rest of the World
Social insurance taxes
Statistical discrepancy
Fyhihit 7-1. What is the value of national income?
$4,150
850
331
751
150
4,080
134
23
31
295
130
147
300
320
111
66
45
0
252
1,347
222
5
Transcribed Image Text:Consumption expenditures Federal government purchases of goods and services State and local government's purchases Investment Proprietors income Compensation of employees Corporate profits Taxes on corporate profits Rental income Capital consumption allowance Indirect business taxes Net interest Exhibit 7-1 Exports Imports Undistributed corporate profits Transfer payments Personal taxes Dividends Income Earned from the Rest of the World Income Earned by the Rest of the World Social insurance taxes Statistical discrepancy Fyhihit 7-1. What is the value of national income? $4,150 850 331 751 150 4,080 134 23 31 295 130 147 300 320 111 66 45 0 252 1,347 222 5
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