Question

What is the high net worth segment's disposable income?

Answer 1

Research by the business consultancy Capgemini found that the world’s high net worth individuals (HNWI) collectively hold a $63.5tn fortune. In order to qualify as an HNWI, a person’s assets – excluding their primary residence and its contents – must be worth at least $1m.

Answer 2

Explanation:

Answer:

Private income = NDPFC accruing private sector + NFIA + Interest on National Debt + Current transfers from Govt. + Current transfers from rest of the world.

= 8000 + 200 + 300

= 8500

Personal Income = private income – undistributed profits – corporate tax

= 8500 – 1000 – 500

= 7000 (Answer)

Personal disposable income = personal income – direct taxes - miscellaneous receipts of government

= 7000 – 500 – (1200 – 1500)

= 7000 – 500 – (- 300)

= 6800 (Answer)

Explanation:

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