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Table 12-29 -Refer to Table 12-29

Question 251

Multiple Choice

Table 12-29
 Billions of  Dollars  GDP $5,250 Transfer  Payments 50 Retained  earnings 700 Depreciation 1,250\begin{array} { | l | r | } \hline & \begin{array} { c } \text { Billions of } \\\text { Dollars }\end{array} \\\hline \text { GDP } & \$ 5,250 \\\hline \text { Transfer } & \\\text { Payments } & 50 \\\hline \text { Retained } & \\\text { earnings } & 700 \\\hline \text { Depreciation } & 1,250 \\\hline\end{array}
-Refer to Table 12-29.Based on the table above,what is national income for this economy?


A) $4,700 billion
B) $4,000 billion
C) $3,150 billion
D) $2,450 billion

Correct Answer:

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