Refer to the Following Table When Answering
Table

question 110

Multiple Choice

Refer to the following table when answering
Table 2.2: U.S. 2011-2012 Domestic Income ($ billions)
$$\begin{array} { l | r r } & { 2011 } & 2012 \\\hline \text { Compensation of employees, paid } & 8,303 & 8,600 \\\text { Wage and salary accruals } & 6,669 & 6,914 \\\text { Supplements to wages and salaries } & 1,634 & 1,687 \\\text { Taxes on production and imports } & 1,098 & 1,130 \\\text { Subsidies } & 62 & 61 \\\text { Net operating surplus } & 3,768 & 3,963 \\\text { Private enterprises } & 3,794 & 3,997 \\\text { Current surplus of government enterprises } & - 27 & - 34 \\\text { Depreciati on of fixed capital } & 1,937 & 2,012 \\\text { Private } & 1,587 & 1,648 \\\text { Government } & 349 & 364 \\\hline\end{array}$$
-Consider Table 2.2, National Income Accounts for 2011 and 2012. From this data, total net domestic product in 2012 was about ________ billion.

• A) $13,632
• B) $13,708
• C) $15,645
• D) $14,576
• E) $11,743

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Definitions:

Prepayment Penalty Clause

A provision in a mortgage loan contract that requires the borrower to pay a penalty if the mortgage is repaid in full within a certain period.

Lender

An individual or institution that provides funds to another with the expectation that the funds will be repaid, typically with interest.

Mechanic's Lien

A security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.

Sale Proceeds

The total amount received from the sale of an asset or property.