Refer to the information provided in the table at right to answer the question that follows. The value for personal income in billions of dollars is OA. 890. OB. 870. O C. 960. OD. 950. Depreciation Receipts of factor income from rest of world Government purchases Imports Payments of factor income to rest of world Net private domestic investment Personal income taxes $Billions 40 30 100 50 50 200 120 600 Dividends 20 Exports 60 Amount of national income not going to households 20 Personal consumption expenditures

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 5SCQ: According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?
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Refer to the information provided in the table at right to answer
the question that follows.
The value for personal income in billions of dollars is
OA. 890.
OB. 870.
O C. 960.
OD. 950.
Depreciation
Receipts of factor income from rest of world
Government purchases
Imports
Payments of factor income to rest of world
Net private domestic investment
Personal income taxes
$Billions
40
30
100
50
50
200
120
600
Dividends
20
Exports
60
Amount of national income not going to
households
20
Personal consumption expenditures
Transcribed Image Text:Refer to the information provided in the table at right to answer the question that follows. The value for personal income in billions of dollars is OA. 890. OB. 870. O C. 960. OD. 950. Depreciation Receipts of factor income from rest of world Government purchases Imports Payments of factor income to rest of world Net private domestic investment Personal income taxes $Billions 40 30 100 50 50 200 120 600 Dividends 20 Exports 60 Amount of national income not going to households 20 Personal consumption expenditures
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