The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the dollar value of this missing component. [Select] Component $, billions Personal consumption 14,562.7 Employee compensation 11,427.7 Rental income 777.9 Government's consumption and investment 3,753.0 Imports 3,136.0 Depreciation 3,719.8 Corporate profits 2,074.6 Interest income 644.9 Exports 2,504.2 Gross private investment 3,743.9 Indirect business taxes 1,420.1 Self-employment income 1,658.2

The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the dollar value of this missing component. [Select] Component $, billions Personal consumption 14,562.7 Employee compensation 11,427.7 Rental income 777.9 Government's consumption and investment 3,753.0 Imports 3,136.0 Depreciation 3,719.8 Corporate profits 2,074.6 Interest income 644.9 Exports 2,504.2 Gross private investment 3,743.9 Indirect business taxes 1,420.1 Self-employment income 1,658.2

Individual Income Taxes

43rd Edition

ISBN:9780357109731

Author:Hoffman

Publisher:Hoffman

Chapter13: Tax Credits And Payment Procedures

Section: Chapter Questions

Problem 25P: LO.2 Oak Corporation has the following general business credit carryovers. If the general business...

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