Advertisement Remove all ads

Calculate 'National Income' and 'Gross National Disposable Income' from the Following: Net Imports Net Current Transfers to Abroad Net Domestic Fixed Capital Formation Government Final Consumption Expenditure Private Final Consumption Expenditure - Economics

Calculate 'National Income' and 'Gross National Disposable Income' from the following:

    (Rs in Arab)
1 Net imports 60
2 Net current transfers to abroad (-)10
3 Net domestic fixed capital formation 300
4 Government final consumption expenditure 200
5 Private final consumption expenditure 700
6 Consumption of fixed capital 70
7 Net change in stocks 30
8 Net factor income to abroad 20
9 Net indirect tax 100
Advertisement Remove all ads

Solution

NNPFC = Private final consumption expenditure + Government final consumption expenditure + Net domestic fixed capital formation + Net change in stocks − Net imports − Net indirect tax − Net factor income to abroad

= 700 + 200 + 300 + 30 − 60 − 100 − 20

= 1050 arab

Net National Disposable Income (NNDI) = NNPFC + NIT − Net current transfers to abroad

= 1050 + 100 − (−10)

= 1160 arab

Concept: Aggregates Related to National Income - Gross National Product (GNP)
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×