US imports 260 Personal Taxes 45 Transfer Payments 247 US Exports Personal Consumption Expendi tures 249 475 Net Foreign Factor Income 5. Gross Private Domestic Investment 300 Taxes on Production and Imports 245 Undistributed Corporate Profits 60 Social Security Contributions 240 Corporate Income Taxes 65 Statistical Discrepancy 40 Refer to the accompanying national income data (in billions of dollars). National income is

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Consumption of Fixed Capital
$25
Government Purchases
315
US imports
260
Personal Taxes
45
Transfer Payments
247
US Exports
Personal Consumption Expendi tures
249
475
Net Foreign Factor Income
Gross Private Domestic Investment
300
Taxes on Production and Imports
245
Undistributed Corporate Profits
60
Social Security Contributions
240
Corporate Income Taxes
65
Statistical Discrepancy
40
Refer to the accompanying national income data (in billions of dollars). National income is
Transcribed Image Text:Consumption of Fixed Capital $25 Government Purchases 315 US imports 260 Personal Taxes 45 Transfer Payments 247 US Exports Personal Consumption Expendi tures 249 475 Net Foreign Factor Income Gross Private Domestic Investment 300 Taxes on Production and Imports 245 Undistributed Corporate Profits 60 Social Security Contributions 240 Corporate Income Taxes 65 Statistical Discrepancy 40 Refer to the accompanying national income data (in billions of dollars). National income is
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