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Saved 5 The Equivalence of Expenditure and Income (in Billions of Dollars) Expenditure Income C: Consumer goods and services $14,561 Wages and salaries $11,434 12.5

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Saved 5 The Equivalence of Expenditure and Income (in Billions of Dollars) Expenditure Income C: Consumer goods and services $14,561 Wages and salaries $11,434 12.5 Corporate profits 2,075 points I: Investment in plants, equipment, and inventory 3,744 Proprietors' income 1,658 G: Government goods and services 3,754 Rents 778 eBook Interest 645 Print X: Exports 2,504 Taxes on output and imports 1,494 Depreciation 3,463 References M: Imports (3, 136) Statistical discrepancy (120) GDP: Total value of output $21,427 Total value of income $21,427 Instructions: Enter your responses as a percentage rounded to one decimal place. What share of U.S. total income in 2010 consisted of a. Proprietors' income? 1% b. Taxes on output and imports? 1% Mc Graw DEC 15 28A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=vald Saved Ch 05 Homework i Use the following data to answer the questions below: Category Billions of Dollars Consumption $800 12.5 Depreciation 32 points Retained earnings 24 Gross investment 60 eBook Imports 80 Exports 70 Print Net foreign factor income 22 References Government purchases 90 Instructions: Enter your responses as a whole number. a. How much is GDP? $ billion b. How much is net investment? $ billion c. How much is national income? $ billion Mc Graw Hill

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