Table 53 National Income Accounts (Dollar Figures Are in Billions)
Question 103
Question 103
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 "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:
Verified
Unlock this answer now Get Access to more Verified Answers free of charge