1 Consumption of Fixed Capital $438 2 Taxes on Production and Imports 326 3 Compensation of Employees 2,347 4 Rents 14 5 Interest 287 6 Proprietors' Income 242 7 Corporate Profits 297 8 Personal Consumption Expenditures 2,582 9 Gross Private Domestic Investment 669 10 Government Purchases 815 11 Net Exports -78 12 Net Foreign Factor Income 46 13 Statistical Discrepancy 50 Refer to the accompanying national income data (in billions of dollars). Which items need to be accounted for in going from national income to GDP

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.