Question

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

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

Homework Answers

Answer #1

GDI= profits+ Rent+ interest +wage +social security contribution+ corporate taxes and retained earnings +depreciation +indirect businesses tax

=2.8+.7+.8+8.2+2+.5+1.3+.8

=17.1

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