Exhibit 11-8 GDP data (billions of dollars) \[\begin{array} { | l | r | } \hline \text { Indirect business taxes } & \$ 600 \\ \hline \text { Depreciation } & 950 \\ \hline \text { Change in business inventaries } & 50 \\ \hline \text { Compensation of employees } & 5,400 \\ \hline \text { Corparate profits } & 700 \\ \hline \text { Durable goads } & 600 \\ \hline \text { Expurts } & 100 \\ \hline \text { Social Security taxes } & 360 \\ \hline \text { Transfer payments } & 300 \\ \hline \text { Fixed investment } & 950 \\ \hline \text { Government 5pending } & 900 \\ \hline \text { Imparts } & 150 \\ \hline \text { Net interest } & 500 \\ \hline \text { Nondurable goods } & 2,000 \\ \hline \text { Persanal taxes } & 1,000 \\ \hline \text { Rental income } & 200 \\ \hline \text { Services } & 4,000 \\ \hline \end{array}\] -In Exhibit 11-8,compute national income (NI).Which of the following is correct?

A) $7,400 billion. B) $7,250 billion. C) $8,150 billion. D) $8,200 billion. E) $8,350 billion. A) $7,400 billion. B) $7,250 billion. C) $8,150 billion. D) $8,200 billion. E) $8,350 billion.

Exhibit 11-9 GDP data (billions of dollars) \[\begin{array} { | l | r | } \hline \text { Personal consumption expenditures } & \$ 4,750 \\ \hline \text { Exgarts } & 810 \\ \hline \text { Govemment spending } & 1,400 \\ \hline \text { Social Security taxes } & 600 \\ \hline \text { Depreciation } & 450 \\ \hline \text { Indirect business taxes } & 550 \\ \hline \text { Imparts } & 850 \\ \hline \text { Gross private domestic investment } & 900 \\ \hline \text { Corparate income taxes } & 200 \\ \hline \text { Persanal taxes } & 800 \\ \hline \text { Corporate profits } & 50 \\ \hline \text { Transfer payments } & 700 \\ \hline \end{array}\] -In Exhibit 11-9,and using the expenditures approach,gross domestic product (GDP)equals:

A) $7,010 billion. B) $10,360 billion. C) $9,660 billion. D) $7,860 billion. E) $12,060 billion. A) $7,010 billion. B) $10,360 billion. C) $9,660 billion. D) $7,860 billion. E) $12,060 billion.

Exhibit 11-8 GDP data (billions of dollars) \[\begin{array} { | l | r | } \hline \text { Indirect business taxes } & \$ 600 \\ \hline \text { Depreciation } & 950 \\ \hline \text { Change in business inventaries } & 50 \\ \hline \text { Compensation of employees } & 5,400 \\ \hline \text { Corparate profits } & 700 \\ \hline \text { Durable goads } & 600 \\ \hline \text { Expurts } & 100 \\ \hline \text { Social Security taxes } & 360 \\ \hline \text { Transfer payments } & 300 \\ \hline \text { Fixed investment } & 950 \\ \hline \text { Government 5pending } & 900 \\ \hline \text { Imparts } & 150 \\ \hline \text { Net interest } & 500 \\ \hline \text { Nondurable goods } & 2,000 \\ \hline \text { Persanal taxes } & 1,000 \\ \hline \text { Rental income } & 200 \\ \hline \text { Services } & 4,000 \\ \hline \end{array}\] -In Exhibit 11-8,compute disposable personal income (DI).Which of the following is correct?

A) $5,178 billion. B) $6,450 billion. C) $5,740 billion. D) $7,740 billion. E) $8,350 billion. A) $5,178 billion. B) $6,450 billion. C) $5,740 billion. D) $7,740 billion. E) $8,350 billion.

A) the estimated value of homemaker production. B) state and local government purchases. C) spending for new homes. D) changes in inventories. A) the estimated value of homemaker production. B) state and local government purchases. C) spending for new homes. D) changes in inventories.