Refer to the Accompanying National Income Data (In Billions of

question 27

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { Consumption of Fixed Capital } & \$ 25 \\\hline \text { Government Purchases } & 315 \\\hline \text { US imports } & 260 \\\hline \text { Personal Taxes } & 45 \\\hline \text { Transfer Payments } & 247 \\\hline \text { US Exports } & 249 \\\hline \text { Personal Consumption Expenditures } & 475 \\\hline \text { Net Foreign Factor Income } & 5 \\\hline \text { Gross Private Domestic Investment } & 300 \\\hline \text { Taxes on Production and Imports } & 245 \\\hline \text { Undistributed Corporate Profits } & 60 \\\hline \text { Social Security Contributions } & 240 \\\hline \text { Corporate Income Taxes } & 65 \\\hline \text { Statistical Discrepancy } & 40 \\\hline\end{array}$$ Refer to the accompanying national income data (in billions of dollars) . Net domestic product equals

• A) $1,039 billion.
• B) $1,044 billion.
• C) $1,054 billion.
• D) $1,076 billion.

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Definitions:

Prime Minister

The Prime Minister is the head of government in a parliamentary system, responsible for running the state's administration and implementing executive decisions.

Nonaggression Pact

An agreement between two or more nations to not engage in military action against each other for a specified period.

Soviet Union

A socialist state in Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR), characterized by its single-party rule by the Communist Party, with Moscow as its capital.

Disappearance

The act of someone or something going missing or being removed from sight or consideration, often invoking concern or mystery regarding their whereabouts or status.