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Gross domestic product

Personal Taxes....................................................... $40
Social Secutity Contributions............................15
Indirect Businesss Taxes.......................................... 20
Corporate Income Taxes.......................................40
Transfer payments......................................... 22
U.S. Exports................................................24
Undistributed corporate profits.................................35
Government Purchases.................................... 90
Gross Private Domestic Investment.....................75
U.S. Imports................................................22
Personal Consumption Expenditures...................250
Net Private domestic investment.............................. 50
Net Foreign Factor Income Earned in the U. S.........10

1. Gross domestic product is:

2. Net domestic product is:

3. National income is:

4. Personal income is

5. Disposable income is:

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1. Gross domestic product is:
GDP = Personal Consumption Expenditures + Gross Private Domestic Investment + Government Purchases + U.S. Exports - U.S. Imports = ...

Solution Summary

Gross domestic product is determined.

$2.19