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Refer to the Accompanying National Income Data (In Billions of

Question 122

Multiple Choice

 Gross Private Domestic Investment $1,593 Personal Taxes 1,113 Transfer Payments 1,683 Taxes on Production and Imports 695 Corporate Income Taxes 213 Personal Consumption Expenditures 7,304 Consumption of Fixed Capital 1,393 US Exports 1,059 Dividends 434 Government Purchases 1,973 Net Foreign Factor Income 10 Undistributed Corporate Profits 141 Social Security Contributions 748 US Imports 1,483 Statistical Discrepancy 50\begin{array} { | l | r | } \hline \text { Gross Private Domestic Investment } & \$ 1,593 \\\hline \text { Personal Taxes } & 1,113 \\\hline \text { Transfer Payments } & 1,683 \\\hline \text { Taxes on Production and Imports } & 695 \\\hline \text { Corporate Income Taxes } & 213 \\\hline \text { Personal Consumption Expenditures } & 7,304 \\\hline \text { Consumption of Fixed Capital } & 1,393 \\\hline \text { US Exports } & 1,059 \\\hline \text { Dividends } & 434 \\\hline \text { Government Purchases } & 1,973 \\\hline \text { Net Foreign Factor Income } & 10 \\\hline \text { Undistributed Corporate Profits } & 141 \\\hline \text { Social Security Contributions } & 748 \\\hline \text { US Imports } & 1,483 \\\hline \text { Statistical Discrepancy } & 50 \\\hline\end{array} Refer to the accompanying national income data (in billions of dollars) . Corporate pro?ts are equal to


A) $442 billion.
B) $532 billion.
C) $621 billion.
D) $788 billion.

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