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mponents of SpendingValue(billions of dollars)Consumption$140Business fixed and residential investment$27Inventory stock at the end of prior year$10Inventory stock at the end of current year$5Depreciation$12Government outlays$80Government purchases$65Exports$21Imports$17Labor income$126Capital income$70Net income of foreigners$5Taxes, subsidies, and transfers$28Inventory investment = $−5Net exports = $4Gross domestic product = $241Statistical discrepancy = $12National saving =

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mponents of SpendingValue(billions of dollars)Consumption140Businessfixedandresidentialinvestment140Business fixed and residential investment27Inventory stock at the end of prior year10Inventorystockattheendofcurrentyear10Inventory stock at the end of current year5Depreciation12Governmentoutlays12Government outlays80Government purchases65Exports65Exports21Imports17Laborincome17Labor income126Capital income70Netincomeofforeigners70Net income of foreigners5Taxes, subsidies, and transfers28Inventoryinvestment=28Inventory investment = −5Net exports = 4Grossdomesticproduct= 4Gross domestic product = 241Statistical discrepancy = $12National saving =

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