Given the following information below in billions net domestic product is: Expenditures for consumer goods and services 4,565,Exports 740,Government purchases of goods and services 1,465, Social security taxes 510, Net investment 225, Indirect business taxes 520, Imports 825, Gross Investment 865, Corporate Income Taxes 185, Personal income taxes 750, Corporate Retained Earnings 45, Net foreign factor income 20, Government transfer payments to households 690, Net interest payments to households 0.
Given the following information below in billions net domestic product is: Expenditures for consumer goods and services 4,565,Exports 740,Government purchases of goods and services 1,465, Social security taxes 510, Net investment 225, Indirect business taxes 520, Imports 825, Gross Investment 865, Corporate Income Taxes 185, Personal income taxes 750, Corporate Retained Earnings 45, Net foreign factor income 20, Government transfer payments to households 690, Net interest payments to households 0.
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 6P
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Question
Given the following information below in billions net domestic product is: Expenditures for consumer goods and services 4,565,Exports 740,Government purchases of goods and services 1,465, Social security taxes 510, Net investment 225, Indirect business taxes 520, Imports 825, Gross Investment 865, Corporate Income Taxes 185, Personal income taxes 750, Corporate Retained Earnings 45, Net foreign factor income 20, Government transfer payments to households 690, Net interest payments to households 0.
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