Net interest $739 Net U.S. income earned abroad 36 Wages and salaries Rental income 8,735 237 Other business income 1,202 adjustments less business transfers Change in business payments 262 Inventories 14 Personal consumption Proprietorial income Gross investment spending Indirect business taxes 1,250 1,128 1,479 1,059 1,194 249 Corporate profits before taxes Exports Deprediation 1,833 According to the above table, Gross Domestic Product as calculated by the income approach is Select one: O a. $14,925 billion. O b. $10,646 billion. O C. $10,121 billion. O d. $15,619 billion. Window

Net interest $739 Net U.S. income earned abroad 36 Wages and salaries Rental income 8,735 237 Other business income 1,202 adjustments less business transfers Change in business payments 262 Inventories 14 Personal consumption Proprietorial income Gross investment spending Indirect business taxes 1,250 1,128 1,479 1,059 1,194 249 Corporate profits before taxes Exports Deprediation 1,833 According to the above table, Gross Domestic Product as calculated by the income approach is Select one: O a. $14,925 billion. O b. $10,646 billion. O C. $10,121 billion. O d. $15,619 billion. Window

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?

Section: Chapter Questions

Problem 2DQ

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