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Table 53
National Income Accounts (Dollar Figures Are in Billions) on

Question 112

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 Expenditures for consumer goods and services $8,200 Exports $1,700 Government purchases of goods and services $2,500 Social Security taxes $1,900 Net investment $1,400 Indirect business taxes $1,400 Imports $1,900 Gross investment $1,800 Corporate income taxes $600 Personal income taxes $1,500 Corporate retained earnings $130 Net foreign factor income $100 Government transfer payments to households $1,600 Net interest payments to households $500\begin{array}{|l|r|}\hline \text { Expenditures for consumer goods and services } & \$ 8,200 \\\hline \text { Exports } & \$ 1,700 \\\hline \text { Government purchases of goods and services } & \$ 2,500 \\\hline \text { Social Security taxes } & \$ 1,900 \\\hline \text { Net investment } & \$ 1,400 \\\hline \text { Indirect business taxes } & \$ 1,400 \\\hline \text { Imports } & \$ 1,900 \\\hline \text { Gross investment } & \$ 1,800 \\\hline \text { Corporate income taxes } & \$ 600 \\\hline \text { Personal income taxes } & \$ 1,500 \\\hline \text { Corporate retained earnings } & \$ 130 \\\hline \text { Net foreign factor income } & \$ 100 \\\hline \text { Government transfer payments to households } & \$ 1,600 \\\hline \text { Net interest payments to households } & \$ 500 \\\hline\end{array}

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 amount of output we could consume without reducing our stock of capital" (also known as the net domestic product) is


A) $10,700 billion.
B) $12,400 billion.
C) $12,300 billion.
D) $11,900 billion.

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