(Table) According to the Table, Using the Income Approach, National

question 44

Multiple Choice

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

• A) $1,320 billion.
• B) $1,330 billion.
• C) $1,570 billion.
• D) $1,070 billion.

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