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Exhibit 11-5 GDP Data (Billions of Dollars) -In Exhibit 11-5,and Using the Expenditures Approach,gross Domestic Product (GDP)is

Question 154

Multiple Choice

Exhibit 11-5 GDP data (billions of dollars)
 Personal consumption exgenfitures $5,207 Interest 425 Corporate profits 735 Government 5pending 1,406 Depreciation 830 Rental income 146 Grass private dometic investment 1,116 Compensation of emplayees 4,426 Exparts 870 Imparts 965 Indirect business taxes 553 Proprietars’ income 520 Personal taxes 886 Social Security taxes 432 Transfer payments 376\begin{array} { | l | r | } \hline \text { Personal consumption exgenfitures } & \$ 5,207 \\\hline \text { Interest } & 425 \\\hline \text { Corporate profits } & 735 \\\hline \text { Government 5pending } & 1,406 \\\hline \text { Depreciation } & 830 \\\hline \text { Rental income } & 146 \\\hline \text { Grass private dometic investment } & 1,116 \\\hline \text { Compensation of emplayees } & 4,426 \\\hline \text { Exparts } & 870 \\\hline \text { Imparts } & 965 \\\hline \text { Indirect business taxes } & 553 \\\hline \text { Proprietars' income } & 520 \\\hline \text { Personal taxes } & 886 \\\hline \text { Social Security taxes } & 432 \\\hline \text { Transfer payments } & 376 \\\hline\end{array}
-In Exhibit 11-5,and using the expenditures approach,gross domestic product (GDP) is:


A) $6,807 billion.
B) $7,082 billion.
C) $7,634 billion.
D) $7,637 billion.
E) $7,730 billion.

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