Table 51
National Income Accounts (Dollar Figures Are in Billions) on

question 54

Multiple Choice

$\begin{array}{|l|r|}\hline \text { Expenditures for consumer goods and services } & \$ 4,565 \\\hline \text { Exports } & \$ 740 \\\hline \text { Government purchases of goods and services } & \$ 1,465 \\\hline \text { Social Security taxes } & \$ 510 \\\hline \text { Net investment } & \$ 225 \\\hline \text { Indirect business taxes } & \$ 520 \\\hline \text { Imports } & \$ 825 \\\hline \text { Gross investment } & \$ 865 \\\hline \text { Corporate income taxes } & \$ 185 \\\hline \text { Personal income taxes } & \$ 750 \\\hline \text { Corporate retained earnings } & \$ 45 \\\hline \text { Net foreign factor income } & \$ 20 \\\hline \text { Government transfer payments to households } & \$ 690 \\\hline \text { Net interest payments to households } & \$ 0 \\\hline\end{array}$

Table 5.1
National Income Accounts (dollar figures are in billions) On the basis of Table 5.1,gross domestic product is

• A)$6,980 billion.
• B)$7,635 billion.
• C)$6,810 billion.
• D)$7,720 billion.

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Definitions:

Controlled Statement

A programming construct that directs the flow of execution based on specified conditions, such as "if" or "while" statements.

Syntax Error

An error in the sequence of characters or rules that are not followed by the programming language.

Semicolon

In many programming languages, a punctuation character used to terminate statements or separate elements in a list.

Selection

In programming, selection refers to choosing between different paths of execution based on certain conditions, often implemented through if-else or switch-case statements.