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Exhibit 6-2 Year Civilian  Noninstitutional Population…

Exhibit 6-2 Year Civilian  Noninstitutional Population (millions) Civilian Labor Force (millions) Employed Persons (millions) 1 250 200 175 2 400 300 200 3 500 400 350 4 1000 800 720 Refer to Exhibit 6-2. The unemployment rate in year 1 is

Table 7-1 Consumption expenditures $4,150 Federal…

Table 7-1 Consumption expenditures $4,150 Federal government purchases of goods and services 850 State and local government’s purchases 331 Investment 751 Proprietors income 150 Compensation of employees 4,080 Corporate profits 134 Taxes on corporate profits 23 Rental income 31 Capital consumption allowance 295 Indirect business taxes 130 Net interest 147 Exports 300 Imports 320 Undistributed corporate profits 111 Transfer payments 66 Personal taxes 45 Dividends 0 Income Earned from the Rest of the World 252 Income Earned by the Rest of the World 1,347 Social insurance taxes 222 Statistical discrepancy 5 Refer to Table 7-1. Which of the following summations represents GDP using the expenditure approach?