Question

answer the question on the basis of the following national income data. all figures are in...

answer the question on the basis of the following national income data. all figures are in billions of dollars.

Personal taxes $23 net private domestic investment 33 net exports 6 national income 278 u.s. exports 20 gross private domestic investment 56 disposable income 220 taxes on production and imports 32 undistributed corporate profits 15 proprietors' income 45 net foreign factors income 0 statistical discrepancy 0

refer to the data. personal consumption expenditures:

Homework Answers

Answer #1

Question:-

Personal taxes $23 net private domestic investment 33 net exports 6 national income 278 u.s. exports 20 gross private domestic investment 56 disposable income 220 taxes on production and imports 32 undistributed corporate profits 15 proprietors' income 45 net foreign factors income 0 statistical discrepancy 0

refer to the data. personal consumption expenditures:

Answer:- It is not possible to determine the personal consumption expenditures

Reason:- personal consumption expenditures is mainly the consumption of products, services by the customers and these figures are not provided in the question

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