Table 53 National Income Accounts (Dollar Figures Are in Billions)

question 36

Multiple Choice

Table 5.3 National Income Accounts (dollar figures are in billions)
$$\begin{array} {| l | r| } \hline \text { Expenditures for consumer poods and services } & \$ 8,200 \\\hline \text { Exports } & \$ 1,700 \\\hline \text { Government purchases of poods and services } & \$ 2,500 \\\hline \text { Docial Security taxes } & \$ 1,900 \\\hline \text { Net irvestment } & \$ 1,400 \\\hline \text { Indirect business taxes } & \$ 1,400 \\\hline \text { Irnoorts } & \$ 1,900 \\\hline \text { Gross irvestment } & \$ 1,800 \\\hline \text { Corporate income taxes } & \$ 600 \\\hline \text { Personal income taxes } & \$ 1,500 \\\hline \text { Corporateretained earnings } & \$ 130 \\\hline \text { Net foreipn factor income } & \$ 100 \\\hline \text { Government transfer payments to households } & \$ 1600 \\\hline \text { Net interest paynnents to households } & \$ 500 \\\hline\end{array}$$
On the basis of Table 5.3,the value of the income aggregate that is defined as "after-tax income of consumers" (also known as disposable income) is

• A)$8,570 billion.
• B)$10,070 billion.
• C)$11,570 billion.
• D)$10,600 billion.

Understand how respiratory health is influenced by external factors such as smoking.

Understand the definitions and values of different air volume terms (e.g., tidal volume, residual volume, vital capacity).

Grasp the biochemical process of oxygen transport in the blood.

Comprehend the mechanism of carbon dioxide transport in the human circulatory system.

---

Definitions:

Fiscal Period

A specific period of time used by governments and businesses for accounting and financial reporting purposes.

Expired Insurance

Refers to insurance policies that have reached the end of their coverage period and are no longer in effect.

Adjusting Entry

A journal entry made in an accounting period to adjust income or expense accounts to accurately reflect the revenues earned and expenses incurred during that period.

Income Statement

A financial document that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and net income.