Refer to the Accompanying Data

question 223

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { Gross Private Domestic Investment } & \$ 46 \\\hline \text { Exports of the U.S. } & 9 \\\hline \text { Disposable Income } & 190 \\\hline \text { Personal Saving } & 10 \\\hline \text { Government Purchases } & 84 \\\hline \text { Net Foreign Factor Income } & 10 \\\hline \text { Consumption of Fixed Capital } & 52 \\\hline \text { Dividends } & 13 \\\hline \text { Imports of the U.S. } & 12 \\\hline \text { Taxes on Production and Imports } & 22 \\\hline \text { Personal Taxes } & 38 \\\hline \text { Social Security Contributions } & 23 \\\hline \text { Statistical Discrepancy } & 0 \\\hline\end{array}$$ Refer to the accompanying data. All ?gures are in billions of dollars. The economy characterized by the data is

• A) experiencing in?ation because disposable income exceeds personal income.
• B) experiencing declining production capacity because net investment is negative.
• C) in a depression because personal income exceeds disposable income.
• D) experiencing expanding production capacity because net private domestic investment is positive.

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Definitions:

Probability Tree

A graphical representation used to illustrate all possible outcomes of a sequence of events and their probabilities.

First Set

In the context of data or series, it is the initial group or sequence under consideration.

Subscribers

Individuals or entities that have agreed to receive services or communications, typically on a recurring basis.

Proportion

A statistical measure that refers to the fraction of the total that possesses a certain attribute or characteristic.