Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions. Category Billions Compensation of employees U.S. exports of goods and services $ 206.2 19.8 Consumption of fixed capital 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Net private domestic investment 52.1 Transfer payments 13.9 U.S. imports of goods and services 16.5 Personal taxes. 40.5 Net foreign factor income 2.2 229.1 0.0 Personal consumption expenditures Statistical discrepancy Instructions: Round your answers to 1 decimal place. 355.8 billion a. GDP $ = b. NDP = $ 344 billion c. NI = $ billion < Prev 20 of 21 Next ^