Economy, asked by baishyasudarshan752, 1 month ago

Private Income formula

Answers

Answered by Anonymous

Private Income = Income from domestic product accruing to private sector + Net factor income from abroad + All current Transfers. = Personal income + Corporate tax + Undistributed profit.

Answered by cutiesanaya123

Answer:

Private income is referred to as the total of all the factors incomes and transfer earnings received by the private sector from all sources. Private income includes incomes generated from any type of occupational activities or any income that is received apart from salary or any type of commission.

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