Question

In: Economics

Use the table to find GDI, GDP, gross private domestic investment, personal income, and personal disposable...

Use the table to find GDI, GDP, gross private domestic investment, personal income, and personal disposable income. (All amounts in trillions of dollars.)

Profit

2.8

Indirect business taxes

.8

Rent

.7

Interest

.8

Wages

8.2

Depreciation

1.3

Consumption

11.0

Government spending

1.8

Imports

1.7

Social Security contributions

2.0

Exports

1.5

Government transfer payments

2.0

Personal income taxes and nontax payments

1.7

Corporate taxes and retained earnings

.5

GDI = Blank 1, GDP = Blank 2,

gross private domestic investment = Blank 3,

personal income = Blank 4, personal disposable income= Blank 5

Fill in numbers only; one decimal place; e.g. 10.0

Solutions

Expert Solution

Rahul Sunny answered 2 years ago
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