I’m not understanding how to come up with this answer. A little explanation would be great! t1 Ch 26 28Gross Private Domestic InvestmentPersonal TaxesTransfer PaymentsTaxes on Production and ImportsCorporate Income TaxesPersonal Consumption ExpendituresConsumption of Fixed CapitalUS ExportsDividendsGovernment PurchasesNet Foreign Factor IncomeUndistributed Corporate ProfitsSocial Security ContributionsUS ImportsStatistical Discrepancy$ 1,5931, 1131,6836952137,3041, 3931,0593001,973}101417481,48350SavedRefer to the accompanying national income data (in billions of dollars). Corporate profits are equal to

National income accounting is used to estimate the total income earned by the residents of a country…

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Refer to the accompanying national income data (in billions of dollars). Corporate profits are equal to

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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I’m not understanding how to come up with this answer. A little explanation would be great!

t1 Ch 26 28
Gross Private Domestic Investment
Personal Taxes
Transfer Payments
Taxes on Production and Imports
Corporate Income Taxes
Personal Consumption Expenditures
Consumption of Fixed Capital
US Exports
Dividends
Government Purchases
Net Foreign Factor Income
Undistributed Corporate Profits
Social Security Contributions
US Imports
Statistical Discrepancy
$ 1,593
1, 113
1,683
695
213
7,304
1, 393
1,059
300
1,973
}
10
141
748
1,483
50
Saved
Refer to the accompanying national income data (in billions of dollars). Corporate profits are equal to

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