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

question 131

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 net addition to the capital stock is

• A)$1,000 billion.
• B)$400 billion.
• C)$1,400 billion.
• D)$370 billion.

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Definitions:

Education

The systematic process of facilitating learning, acquiring knowledge, skills, values, and beliefs through various means such as schooling, training, or research.

Saving Rate

The proportion of disposable income that an individual or group saves rather than spending on consumption.

Growth Rate Of Productivity

The measure of how the average productivity of individuals or product outputs increase over time.

Human Capital

The competencies, information, and background an individual or collective carries, regarded in terms of their economic value or cost to an organization or country.