(Table) According to the Table Below, When Using the Expenditure

question 59

Multiple Choice

(Table) According to the table below, when using the expenditure approach, GDP is: $$\begin{array} { | l | c | } \hline \text { Category } & \text { Billions } \\\hline \text { Proprietors' income } & \$ 300 \\\hline \text { Capital consumption allowance } & 440 \\\hline \text { Federal government purchases of goods and services } & 200 \\\hline \text { Compensation of employees } & 800 \\\hline \text { Personal consumption expenditures } & 950 \\\hline \text { Corporate profits } & 90 \\\hline \text { Exports } & 60 \\\hline \text { Gross private domestic investment } & 500 \\\hline \text { Rental income } & 30 \\\hline \text { State and local government purchases of goods and services } & 150 \\\hline \text { Net interest } & 100 \\\hline \text { Federal government deficit } & 250 \\\hline \text { Imports } & 90 \\\hline\end{array}$$

• A) $1,320 billion.
• B) $1,770 billion.
• C) $1,330 billion.
• D) $2,020 billion.