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Here is a list of domestic output and national income figures for a certain year

ID: 1228820 • Letter: H

Question

Here is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you determine the major national income measures by both the expenditures and the income approaches, The results you obtain with different methods should be the same. D. Adjust PI as required to obtain the DI Table Personal consumption expenditures $245 Net foreign factor income $4 Transfer payments $12 Rents $14 Statistical discrepancy $8 Consumption of fixed capital (depreciated) $27 Social Security contribution $20 Interest $ 13 Proprietors

Explanation / Answer

i have answered 1ST PART of your question in your ither question http://www.cramster.com/answers-dec-11/economics/unit05-problems-1-list-domestic-output-national-income-figu_1883985.aspx?rec=0 D. Adjust PI as required to obtain the DI (d) DI = $265.

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