Table 53 National Income Accounts (Dollar Figures Are in Billions)
Question 105
Question 105
Multiple Choice
Table 5.3 National Income Accounts (dollar figures are in billions) Expenditures for consumer poods and services Exports Government purchases of poods and services Docial Security taxes Net irvestment Indirect business taxes Irnoorts Gross irvestment Corporate income taxes Personal income taxes Corporateretained earnings Net foreipn factor income Government transfer payments to households Net interest paynnents to households $8,200$1,700$2,500$1,900$1,400$1,400$1,900$1,800$600$1,500$130$100$1600$500 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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