Question

104. Calculate National Income and personal
Disposable Income.
(í) | Corporation tax 100
(ii) Private final consumption
expenditure900
(iii ) Personal Income tax120
(iv) | Government final consumption expenditure200
(v) | Undistributed profit5p
(vi) | Change in stock (-20)
(vii) |Net domestic fixed capital formation 120
(viii)Net imports 10
(ix) Net indirect tax 150 (x)Net factor income from
abroad -10
(xi)private income 1000​

Answer 1

Expenditure method

GDP( mp) :- (2)+(4)+(6)+(7)

GDP (mp) :- 900+200+(-20)+10

GDP (mp) :- 1090.

NNP(fc):- GDP(mp) - DEP.+NFIA - NIT

NNP(fc):- 1090-120+(-10)-150

NNP(fc) :- 860-150

NNP( fc):- 710 crore ..

Answer 2

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