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Refer to the accompanying data. All figures are in billions of dollars. The economy characterized by the data is Multiple Choice experiencing inflation because disposable income exceeds personal income. experiencing declining production capacity because net investment is negative. in a depression because personal income exceeds disposable income. experiencing expanding production capacity because net private domestic investment is positive.Gross Private Domestic Investment$46Exports of the U.S.9Disposable Income190Personal Saving10Government Purchases84Net Foreign Factor Income10Consumption of Fixed Capital52Dividends13Imports of the U.S.12Taxes on Production and Imports22Personal Taxes38Social Security Contributions23Statistical Discrepancy0.

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Refer to the accompanying data. All figures are in billions of dollars. The economy characterized by the data is Multiple Choice experiencing inflation because disposable income exceeds personal income. experiencing declining production capacity because net investment is negative. in a depression because personal income exceeds disposable income. experiencing expanding production capacity because net private domestic investment is positive.Gross Private Domestic Investment$46Exports of the U.S.9Disposable Income190Personal Saving10Government Purchases84Net Foreign Factor Income10Consumption of Fixed Capital52Dividends13Imports of the U.S.12Taxes on Production and Imports22Personal Taxes38Social Security Contributions23Statistical Discrepancy0

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