Table 53 National Income Accounts (Dollar Figures Are in Billions) on
Question 115
Question 115
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 "income received by households before payment of personal taxes" (also known as personal income) is
A) $5,870 billion. B) $10,070 billion. C) $9,570 billion. D) $10,600 billion.
Correct Answer:
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