Question: Lesson 5 Assignment (Homework # 3) Personal consumption expenditures $6,500 Depreciation 450 Government purchases 1,400 Undistributed corporate profits 230 Gross private domestic investment 1,650 Exports

Lesson 5 Assignment (Homework # 3)

Personal consumption expenditures $6,500

Depreciation 450

Government purchases 1,400

Undistributed corporate profits 230

Gross private domestic investment 1,650

Exports 200

Indirect business taxes 35

Transfer payments 175

Social Security contributions 150

Net foreign income earned in the U.S. 10

Imports 265

Personal taxes 350

Corporate income taxes 275

From the values above, calculate:

  1. GDP

  1. NDP

  1. National income

  1. Personal income

  1. Disposable personal income

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