Gross Private Domestic Investment Exports of the U.S. Disposable Income Personal Saving Government Purchases Net Foreign Factor Income $46 9 190 10 84 10 52 13 12 22 Consumption of Fixed Capital Dividends Imports of the U.S. Taxes on Production and Imports Personal Taxes Social Security Contributions Statistical Discrepancy Refer to the accompanying data. All figures are in billions of dollars. The economy characterized by the data is 38 23 0

MACROECONOMICS
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ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter8: Aggregate Demand And The Powerful Consumer
Section8.A: National Income Accounting
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Gross Private Domestic
Investment
Exports of the U.S.
Disposable Income
Personal Saving
Government Purchases
Net Foreign Factor Income
$46
9
190
10
84
10
52
13
12
22
Consumption of Fixed Capital
Dividends
Imports of the U.S.
Taxes on Production and
Imports
Personal Taxes
Social Security Contributions
Statistical Discrepancy
Refer to the accompanying data. All figures are in billions of dollars. The economy characterized by the data is
38
23
0
Transcribed Image Text:Gross Private Domestic Investment Exports of the U.S. Disposable Income Personal Saving Government Purchases Net Foreign Factor Income $46 9 190 10 84 10 52 13 12 22 Consumption of Fixed Capital Dividends Imports of the U.S. Taxes on Production and Imports Personal Taxes Social Security Contributions Statistical Discrepancy Refer to the accompanying data. All figures are in billions of dollars. The economy characterized by the data is 38 23 0
Multiple Choice
O experiencing inflation because disposable income exceeds personal income.
O
experiencing declining production capacity because net investment is negative.
in a depression because personal income exceeds disposable income.
experiencing expanding production capacity because net private domestic investment is positive.
Transcribed Image Text:Multiple Choice O experiencing inflation because disposable income exceeds personal income. O experiencing declining production capacity because net investment is negative. in a depression because personal income exceeds disposable income. experiencing expanding production capacity because net private domestic investment is positive.
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