The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the dollar value of this missing component. [Select] Component $, billions Personal consumption 14,562.7 Employee compensation 11,427.7 Rental income 777.9 Government's consumption and investment 3,753.0 Imports 3,136.0 Depreciation 3,719.8 Corporate profits 2,074.6 Interest income 644.9 Exports 2,504.2 Gross private investment 3,743.9 Indirect business taxes 1,420.1 Self-employment income 1,658.2
The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the dollar value of this missing component. [Select] Component $, billions Personal consumption 14,562.7 Employee compensation 11,427.7 Rental income 777.9 Government's consumption and investment 3,753.0 Imports 3,136.0 Depreciation 3,719.8 Corporate profits 2,074.6 Interest income 644.9 Exports 2,504.2 Gross private investment 3,743.9 Indirect business taxes 1,420.1 Self-employment income 1,658.2
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter7: Financial Activities
Section: Chapter Questions
Problem 2EIC
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