Question
Lesson 5 Assignment (Homework # 3) Personal consumption expenditures $6,500 Depreciation 450 Government purchases 1,400 Undistributed corporate profits 230 Gross private domestic investment 1,650 Exports
Lesson 5 Assignment (Homework # 3)
Personal consumption expenditures $6,500
Depreciation 450
Government purchases 1,400
Undistributed corporate profits 230
Gross private domestic investment 1,650
Exports 200
Indirect business taxes 35
Transfer payments 175
Social Security contributions 150
Net foreign income earned in the U.S. 10
Imports 265
Personal taxes 350
Corporate income taxes 275
From the values above, calculate:
- GDP
- NDP
- National income
- Personal income
- Disposable personal income
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