Table 53
National Income Accounts (Dollar Figures Are in Billions) on

question 51

Multiple Choice

$\begin{array}{|l|r|}\hline \text { Expenditures for consumer goods and services } & \$ 8,200 \\\hline \text { Exports } & \$ 1,700 \\\hline \text { Government purchases of goods and services } & \$ 2,500 \\\hline \text { Social Security taxes } & \$ 1,900 \\\hline \text { Net investment } & \$ 1,400 \\\hline \text { Indirect business taxes } & \$ 1,400 \\\hline \text { Imports } & \$ 1,900 \\\hline \text { Gross investment } & \$ 1,800 \\\hline \text { Corporate income taxes } & \$ 600 \\\hline \text { Personal income taxes } & \$ 1,500 \\\hline \text { Corporate retained earnings } & \$ 130 \\\hline \text { Net foreign factor income } & \$ 100 \\\hline \text { Government transfer payments to households } & \$ 1,600 \\\hline \text { Net interest payments to households } & \$ 500 \\\hline\end{array}$

Table 5.3
National Income Accounts (dollar figures are in billions) On the basis of Table 5.3,the value of the income aggregate that is defined as "total income earned by current factors of production" (also known as national income) is

• A)$10,700 billion.
• B)$12,300 billion.
• C)$11,900 billion.
• D)$12,000 billion.

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Definitions:

Structural Inequality

A condition where social structures produce disparities in income, opportunity, and treatment among various groups in society.

Intellectualism

The exercise of the intellect, emphasizing critical thinking and scholarly activities.

Controlling Images

Media and socially constructed stereotypes that shape perceptions and behaviors towards particular groups, often used to justify inequality or oppression.

Cultural Instruments

Tools or devices developed within specific cultural contexts used to produce music, art, or perform tasks that reflect the cultural heritage.