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Table 19-28 -Refer to Table 19-28

Question 243

Multiple Choice

Table 19-28
 Billions of  Dollars  GDP $3,250 Depreciation 300 Retained earnings 1,000 Personal income 2,500 Transfer payments 50\begin{array} { | l | r | } \hline & \begin{array} { c } \text { Billions of } \\\text { Dollars }\end{array} \\\hline \text { GDP } & \$ 3,250 \\\hline \text { Depreciation } & 300 \\\hline \text { Retained earnings } & 1,000 \\\hline \text { Personal income } & 2,500 \\\hline \text { Transfer payments } & 50 \\\hline\end{array}
-Refer to Table 19-28.Based on the table above,what is national income for this economy?


A) $1,950 billion
B) $2,250 billion
C) $2,950 billion
D) $3,550 billion

Correct Answer:

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