-Use the Information in the Table Above Plus the Fact

question 296

Multiple Choice

$\begin{array}{|l|l|}\hline \text { Item } & \begin{array}{l}\text { Billions of } \\\text { dollars }\end{array} \\\hline \text { Compensation of employees } & 80 \\\hline \text { Net interest and rental income } & 30 \\\hline \text { Corporate profits } & 10 \\\hline \text { Proprietor's income } & 20 \\\hline\end{array}$
-Use the information in the table above plus the fact that indirect taxes less subsidies are $10 billion and depreciation is $30 billion to calculate the value of GDP.

• A) $140 billion
• B) $130 billion
• C) $180 billion
• D) $150 billion

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Definitions:

Liquidated

Process of converting assets into cash or to settle a debt.

Personal Liability

The responsibility of an individual to pay debts or damages from their own assets.

Prospective Partner

An individual or entity being considered for a potential partnership or collaborative relationship.

Unreasonable Liability

A legal responsibility or obligation that is excessively burdensome or unfair under the circumstances.