Consider the following table: Billions of dollars GDP $13,300 Depreciation Corporate earnings Transfer Payments Personal Tax Payments 1,450 1,250 500 1,500 National income (NI) equals $ billion....

Extracted text: Consider the following table: Billions of dollars GDP $13,300 Depreciation Corporate earnings Transfer Payments Personal Tax Payments 1,450 1,250 500 1,500 National income (NI) equals $ billion. (Enter your response as an integer.) Personal income (PI) equals $ billion. (Enter your response as an integer.) Disposable personal income (DPI)equals $ billion. (Enter your response as an integer.)


Extracted text: Consider the following data for a closed economy: Y = $14 trillion C = $7 trillion G = $2 trillion = $ – 1.0 trillion %3D Spublic T= $4 trillion Use the data to calculate the following: (Enter your responses rounded to one decimal place.) a. Private saving is: $ trillion. b. Investment spending is: $ trillion. c. Transfer payments are: $ trillion. d. The government budget balance is: $ trillion and as a result the government budget is in