Refer to the Accompanying National Income Data (In Billions of

question 50

Multiple Choice

$\begin{array}{|c|l|r|}\hline 1 & \text { Consumption of Fixed Capital } & \$ 438 \\\hline 2 & \text { Taxes on Production and Imports } & 326 \\\hline 3 & \text { Compensation of Employees } & 2,347 \\\hline 4 & \text { Rents } & 14 \\\hline 5 & \text { Interest } & 287 \\\hline 6 & \text { Proprietors' Income } & 242 \\\hline 7 & \text { Corporate Profits } & 297 \\\hline 8 & \text { Personal Consumption Expenditures } & 2,582 \\\hline 9 & \text { Gross Private Domestic Investment } & 669 \\\hline 10 & \text { Government Purchases } & 815 \\\hline 11 & \text { Net Exports } & -78 \\\hline 12 & \text { Net Foreign Factor Income } & 46 \\\hline 13 & \text { Statistical Discrepancy } & 50 \\\hline\end{array}$ Refer to the accompanying national income data (in billions of dollars) . The expenditures approach to GDP calculation can be done by adding

• A) 1 through 7.
• B) 2 through 7.
• C) 8 through 11.
• D) 8 through 13.

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Definitions:

Organism

A living entity that can act, react, and engage with its environment, displaying signs of life.

Monozygotic Twins

Twins that originate from a single fertilized egg, splitting and developing into two individuals with identical genetic information.

Genetically Identical

Having exactly the same DNA sequence in every genetic locus, as seen in identical twins or clones.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing fetus while removing waste products.