Solved

Exhibit 11-5 GDP Data (Billions of Dollars) -In Exhibit 11-5,national Income (NI)is:
A) $6,254 Billion

Question 150

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,national income (NI) is:


A) $6,254 billion.
B) $6,495 billion.
C) $6,805 billion.
D) $7,082 billion.
E) $7,637.7 billion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents