Measuring the Economy: Unemployment, Inflation, and GDP
Use the following table to answer question 4 - 8
National Income Data (all figures are in billions of dollars) |
|
Business retained earnings |
$ 240 |
Corporate profits |
276 |
Personal Consumption Expenditures |
1491 |
Contributions for Social Insurance |
0 |
Interest Income (Net Interest) |
46 |
Personal Interest Income |
46 |
Total Transfer Payments |
274 |
Dividend Income |
36 |
Depreciation (Capital Consumption Allowance) |
234 |
Gross Capital Investment |
378 |
Changes in Business Inventories |
26 |
Rental Income |
28 |
Corporate Profits Taxes |
0 |
Direct Business Taxes |
0 |
Imports |
248 |
Federal Government Purchases of Goods & Services |
148 |
State and Local Government Purchases of Goods & Services |
286 |
Personal Income Taxes |
514 |
Exports |
261 |
Net Income Earned Abroad |
0 |
Indirect Business Taxes (and miscellaneous adjustments) |
177 |