a. What is the value of exports? $ billion b. What is the value of national income? $ c. What is the GDP? billion billion d. What is the value of personal income? billion

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
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Undistributed corporate profits
Personal taxes
Corporate income taxes
Corporate profits
Government purchases
Net private domestic investment
Personal saving
Imports
Instructions: Enter your answers as whole number.
a. What is the value of exports?
$
billion
b. What is the value of national income?
$
c. What is the GDP?
o search
billion
billion
d. What is the value of personal income?
billion
Et
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Transcribed Image Text:Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. a. What is the value of exports? $ billion b. What is the value of national income? $ c. What is the GDP? o search billion billion d. What is the value of personal income? billion Et < Prex 9 15 20 13 50 56 27 14 9 6 of 7 Next >
The table below shows the values for several different components of GDP.
Category
Personal consumption expenditures
Net foreign factor income
search
Transfer payments
Rents
Consumption of fixed capital (depreciation)
Statistical discrepancy
Social Security contributions
Interest
Proprietor's income
Net exports
Dividends
Compensation of employees
Taxes on production and imports
Undistributed corporate profits
Personal taxes
Corporate income taxes
Corporate profits
Government purchases.
Net private domestic investment
Personal saving
Imports
Instructions: Enter your answers as whole number.
O
Billions of
Dollars
$260
6
13
13
21
6
14
< Prex
11
27
8
10
238
12
15
20
13
50
56
27
14
49
6 of 7
D
Next >
Transcribed Image Text:The table below shows the values for several different components of GDP. Category Personal consumption expenditures Net foreign factor income search Transfer payments Rents Consumption of fixed capital (depreciation) Statistical discrepancy Social Security contributions Interest Proprietor's income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases. Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. O Billions of Dollars $260 6 13 13 21 6 14 < Prex 11 27 8 10 238 12 15 20 13 50 56 27 14 49 6 of 7 D Next >
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