National Income Accounting All figures are in billions of dollars for 2015 Personal Consumption Expenditures $400 Corporate Income taxes 22 Net Exports 20 Depreciation (CCA) 43 Government purchases of goods services 108 Gross Investment 88 Personal taxes 45 Government transfer payments 24 Personal savings 22 Using the above information, calculate Personal Income Answer

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National Income Accounting. All figures are in billions of dollars for 2015 Personal Consumption Expenditures $400 Corporate Income taxes 22 Net Exports 20 Depreciation (CCA)

National Income Accounting. All figures are in billions of dollars for 2015

Personal Consumption Expenditures	$400
Corporate Income taxes	22
Net Exports	20
Depreciation (CCA)	43
Government purchases of goods & services	108
Gross Investment	88
Personal taxes	45
Government transfer payments	24
Personal savings	22

Using the above information, calculate Personal Income.

Answer:

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