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Table 5.2 National Income Accounting Expenditures for consumer goods and services $2850 Exports 250 Government purchases of goods and services 810 Social security taxes 295

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Table 5.2 National Income Accounting Expenditures for consumer goods and services $2850 Exports 250 Government purchases of goods and services 810 Social security taxes 295 Depreciation 190 Net foreign factor income -425 Imports 450 Gross investment 700 Corporate income taxes 190 Personal income taxes 875 Corporate retained earnings 210 Government transfer payments to households 780 On the basis of Table 5.2, personal income is: $2,757billion. OA. B. $2,935 billion. OC. $2,070 billion. OD. $3,630 billion

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