Table 5-3 Personal Consumption Expenditures 450 Government Transfer Payments 140
ID: 1139788 • Letter: T
Question
Table 5-3
Personal Consumption Expenditures
450
Government Transfer Payments
140
Net Income from Farm & Non-Farm Business
48
Depreciation (Capital Cost Allowance)
230
Interest Income
91
Exports
135
Corporate Profits Before Tax
75
Wages and Subsidies
175
Indirect Taxes
21
Personal Taxes
140
Imports
85
Corporate Income Taxes
18
Undistributed Corporate Profits
26
Net Private Domestic Investment
55
Government Purchases of Goods and Services
355
Net Investment Income
-31
Other Earnings Not Paid Out
78
Personal Savings
40
Using table 5-3, calculate the gross private domestic investment.
Personal Consumption Expenditures
450
Government Transfer Payments
140
Net Income from Farm & Non-Farm Business
48
Depreciation (Capital Cost Allowance)
230
Interest Income
91
Exports
135
Corporate Profits Before Tax
75
Wages and Subsidies
175
Indirect Taxes
21
Personal Taxes
140
Imports
85
Corporate Income Taxes
18
Undistributed Corporate Profits
26
Net Private Domestic Investment
55
Government Purchases of Goods and Services
355
Net Investment Income
-31
Other Earnings Not Paid Out
78
Personal Savings
40
Explanation / Answer
net private domestic investment = gross priavate domestic investment - capital allowned ( depreciation)
55 = gross private domestic investment - 230
55 + 230 = gross private domestic investment
gross private domestic investment = 285
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