Question 2 The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the...

Question 2<br>The table presents 2019 data from the national income and product accounts of the U.S.<br>A. Which component is lacking to compute GDP by the income approach?<br>[ Select ]<br>B. Calculate the dollar value of this missing component. [ Select ]<br>Component<br>$, billions<br>Personal consumption<br>14,562.7<br>Employee compensation<br>11,427.7<br>Rental income<br>777.9<br>Government's consumption and investment<br>3,753.0<br>Imports<br>3,136.0<br>Depreciation<br>3,719.8<br>Corporate profits<br>2,074.6<br>Interest income<br>644.9<br>Exports<br>2,504.2<br>Gross private investment<br>3,743.9<br>Indirect business taxes<br>1,420.1<br>Self-employment income<br>1,658.2<br>

Extracted text: Question 2 The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the dollar value of this missing component. [ Select ] Component $, billions Personal consumption 14,562.7 Employee compensation 11,427.7 Rental income 777.9 Government's consumption and investment 3,753.0 Imports 3,136.0 Depreciation 3,719.8 Corporate profits 2,074.6 Interest income 644.9 Exports 2,504.2 Gross private investment 3,743.9 Indirect business taxes 1,420.1 Self-employment income 1,658.2

Jun 05, 2022

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Question 2 The table presents 2019 data from the national income and product accounts of the U.S. A. Which component is lacking to compute GDP by the income approach? [ Select ] B. Calculate the...

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