Examlex

Solved

Table 52
National Income Accounts (Dollar Figures Are in Billions) on

question 56

Multiple Choice

 Expenditures for consumer goods and services $2,850 Exports $300 Government purchases of goods and services $810 Social Security taxes $295 Net investment $510 Indirect business taxes $445 Imports $450 Gross investment $700 Corporate income taxes $190 Personal income taxes $875 Corporate retained earnings $210 Net foreign factor income $0 Government transfer payments to households $780 Net interest payments to households $20\begin{array}{|l|r|}\hline \text { Expenditures for consumer goods and services } & \$ 2,850 \\\hline \text { Exports } & \$ 300 \\\hline \text { Government purchases of goods and services } & \$ 810 \\\hline \text { Social Security taxes } & \$ 295 \\\hline \text { Net investment } & \$ 510 \\\hline \text { Indirect business taxes } & \$ 445 \\\hline \text { Imports } & \$ 450 \\\hline \text { Gross investment } & \$ 700 \\\hline \text { Corporate income taxes } & \$ 190 \\\hline \text { Personal income taxes } & \$ 875 \\\hline \text { Corporate retained earnings } & \$ 210 \\\hline \text { Net foreign factor income } & \$ 0 \\\hline \text { Government transfer payments to households } & \$ 780 \\\hline \text { Net interest payments to households } & \$ 20 \\\hline\end{array}

Table 5.2
National Income Accounts (dollar figures are in billions) On the basis of Table 5.2,GDP is


Definitions:

Shivering

An involuntary response to cold, generating heat through rapid rhythmic contractions of muscles.

Muscle Contraction

The process by which muscle fibers generate force and shorten or maintain tension in response to stimuli, facilitating movement and support.

Warm Blood

Refers to endothermic animals that regulate their body temperature through internal metabolic processes.

Metabolism

The set of life-sustaining chemical reactions in organisms that allow for the growth, reproduction, maintenance of health, and response to environments, typically involving energy release and consumption.

Related Questions