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

question 68

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 "income received by households before payment of personal taxes" (also known as personal income) is

• A)$5,870 billion.
• B)$10,070 billion.
• C)$9,570 billion.
• D)$10,600 billion.

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Definitions:

Byobu

Japanese painted folding screens.

Ashikaga Clan

A prominent Japanese samurai clan that established the Ashikaga shogunate and ruled Japan during the Muromachi period (1336–1573).

Art Historical Period

A specific phase in art history that is characterized by distinct styles, techniques, and cultural influences.

Muromachi

A period in Japanese history (1336–1573) characterized by the political dominance of the Ashikaga shogunate and significant cultural developments including tea ceremony and ink painting.