Table 19-29 -Refer to Table 19-29

question 185

Multiple Choice

Table 19-29
$$\begin{array} { | l | r | } \hline& \begin{array} { c } \text { Billions of } \\\text { Dollars }\end{array} \\\hline \text { GDP } & \$ 5,250\\\hline \text { Transfer Payments } &50 \\\hline \text { Retained earnings } & 700 \\\hline \text { Depreciation } & 1,250 \\\hline\end{array}$$
-Refer to Table 19-29.Based on the table above,what is national income for this economy?

• A)$4,700 billion
• B)$4,000 billion
• C)$3,150 billion
• D)$2,450 billion

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Definitions:

Cost Center

A department or segment within an organization that does not directly contribute to profit but incurs costs.

Total Costs

The sum of all expenses incurred by a business in producing goods or services, including fixed and variable costs.

Specified Output

A defined amount or quality of work that must be produced, typically set as a target or requirement.

Division Profits

The earnings attributed to a specific division or segment within a larger company.