Consumption of Fixed Capital $ 25 Government Purchases 315 US imports 260 Personal Taxes 45 Transfer Payments 247 US Exports 249 Personal Consumption Expenditures 475 Net Foreign Factor Income 5

Survey of Economics (MindTap Course List)
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Chapter11: Gross Domestic Product
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Consumption of Fixed Capital $ 25
Government Purchases 315
US imports 260
Personal Taxes 45
Transfer Payments 247
US Exports 249
Personal Consumption Expenditures 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). Personal income is

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