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Below is a list of domestic output and national income figures for a given year. Al figures are in billions. The question that follow ask

Below is a list of domestic output and national income figures for a given year. Al figures are in billions. The question that follow ask you to calculate the major national income measures by the both expenditure and income method.

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Personal consumption expenditures $245 Net foreign factor income earned 4 Transfer payments 12 Rents 14 Consumption of fixed capital (depreciation) 27 Social security contributions 20 Interest 13 Proprietors' income 33 Net export 11 Dividends 16 Compensations of employees 223 Indirect business taxes 18 Undistributed corporate profits 21 Personal Taxes 26 Corporate income taxes 19 Corporate profit 56 Government purchases 72 Net private domestic investment 33 Personal saving 20 0 Al figures

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