The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI; (d) PI; (e) DI; (f) Net exports.
(Billions of dollars)
Transfer payments: $ 16
Government purchases: 80
Personal taxes: 38
Corporate income taxes: 28
Taxes on production and imports: 15
Social Security contributions: 8
Undistributed corporate profits: 19
Proprietors’ income: 25
Compensation of employees: 258
Personal consumption expenditures: 322
Consumption of fixed capital: 4
Rents: 10
U.S. Exports: 14
Corporate profits: 70
Interest: 12
Dividends: 23
Imports to U.S.: 17
Gross private domestic investment: 63
Net foreign factor income: 10
Statistical discrepancy: 35
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