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Find National Product at Market Price and Personal Disposable Income - Economics

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Find national product at market price and personal disposable income:

    (Rs crore)
(i) Personal taxes 200
(ii) Wages and salaries 1200
(iii) Rent 50
(iv) Undistributed profit 300
(v) Corporate tax 200
(vi) Private income 2000
(vii) Interest 400
(viii) Net indirect tax 300
(ix) Net factor income to abroad 20
(x) Profit 500
(xi) Social security contribution by employers 250
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Solution

NDPFC = Wages and Salaries + Social security contribution by employers + Rent + Interest + Profit

=1200 + 300 + 400 + 500 + 250

= Rs 2650 crores

NNPMP=NDPFC - Net factor income to abroad + Net indirect tax

=2650 - 20 + 300 NNPMP

= Rs 2930 crores

Personal disposable income = Private income - Corporate tax - Undistributed profit - Personal taxes

= 2000 - 200 - 50 - 200

= Rs 1550 crore

Concept: Aggregates Related to National Income - Personal Disposable Income
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