Table 53 National Income Accounts (Dollar Figures Are in Billions) on
Question 109
Question 109
Multiple Choice
Expenditures for consumer goods and services Exports Government purchases of goods and services Social Security taxes Net investment Indirect business taxes Imports Gross investment Corporate income taxes Personal income taxes Corporate retained earnings Net foreign factor income Government transfer payments to households Net interest payments to households $8,200$1,700$2,500$1,900$1,400$1,400$1,900$1,800$600$1,500$130$100$1,600$500
Table 5.3 National Income Accounts (dollar figures are in billions) On the basis of Table 5.3,the value of the income aggregate that is defined as "the total market value of all final goods and services produced in a given time period" (also known as the GDP) is
A) $10,700 billion. B) $12,400 billion. C) $11,900 billion. D) $12,300 billion.
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