Calculate Gross National Disposable Income from the following data:(i)

1.	Calculate Gross National Disposable Income from the following data:(i) Net Domestic Product at factor cost 3000(ii) Indirect Tax300(iii) Net current transfer from abroad250(iv) Current transfer from govt.100 (v) Net factor income to abroad150(vi) Consumption of fixed capital200(vii) Subsidies 100
Answer» GNP mp = NDPfc + Depreciation + NIT + NFIA = 3000 + 200 + (300 -100) + ( - 150) = 3000 + 400 -150 = 3250 GNDI = GNPmp + Net Current transfer from abroad = 3250 +250 GNDI = 3500

Calculate Gross National Disposable Income from the following data:(i) Net Domestic Product at factor cost 3000(ii) Indirect Tax300(iii) Net current transfer from abroad250(iv) Current transfer from govt.100 (v) Net factor income to abroad150(vi) Consumption of fixed capital200(vii) Subsidies 100

Answer»

GNP mp = NDPfc + Depreciation + NIT + NFIA

= 3000 + 200 + (300 -100) + ( - 150)

= 3000 + 400 -150

= 3250

GNDI = GNPmp + Net Current transfer from abroad

= 3250 +250

GNDI = 3500

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Calculate Gross National Disposable Income from the following data:(i) Net Domestic Product at factor cost 3000(ii) Indirect Tax300(iii) Net current transfer from abroad250(iv) Current transfer from govt.100 (v) Net factor income to abroad150(vi) Consumption of fixed capital200(vii) Subsidies 100

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