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Personal taxes $52 Social security taxes $15 Indirect business taxes $24 Corporate profit taxes $45 Transfer payments $22 Imports $23 Undistributed corporate profits $35 State

Personal taxes $52 Social security taxes $15 Indirect business taxes $24 Corporate profit taxes $45 Transfer payments $22 Imports $23 Undistributed corporate profits $35 State and local government's purchases $30 Federal government purchases of goods and services $60 Gross private domestic investment $75 Exports $23 Household consumption expenditures $300 Capital consumption allowance (Depreciation) $25 Incomes from abroad (net) $10 Corporate profits $80 Refer to table 1 above. Personal Income (PI) is

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