Calculate National Income and Private Income. (i) Rent 200(ii) Net F

1.	Calculate National Income and Private Income. (i) Rent 200(ii) Net Factor Income to abroad 10(iii) National Debt Interest 5(iv) Wages & Salaries 700(v) Current Transfer from government10(vi) Undistributed profits20(ix) Social security contributions by employers 100(x) NDP accruing to government 250 (xi) Net current transfer to ROW5(xii) Dividends50
Answer» NNPfc = (iv + ix) + ( i + viii + vii + vi + xii) – ii = 700 + 100 + 200 + 150 + 20 + 30 + 50 – 10 NNPfc = 1240 Cr. NDPfc = NNPfc – NFIA = 1240 – (-10) = 1250 Private sectors income = NDPfc – x = 1250 – 250 = 1000 Private Income = Private sector’s income + iii- xi + v 1000 + 5 – 5 + 10 Private income = 1010.

Calculate National Income and Private Income. (i) Rent 200(ii) Net Factor Income to abroad 10(iii) National Debt Interest 5(iv) Wages & Salaries 700(v) Current Transfer from government10(vi) Undistributed profits20(ix) Social security contributions by employers 100(x) NDP accruing to government 250 (xi) Net current transfer to ROW5(xii) Dividends50

Answer»

NNPfc = (iv + ix) + ( i + viii + vii + vi + xii) – ii

= 700 + 100 + 200 + 150 + 20 + 30 + 50 – 10

NNPfc = 1240 Cr.

NDPfc = NNPfc – NFIA

= 1240 – (-10) = 1250

Private sectors income = NDPfc – x

= 1250 – 250 = 1000

Private Income = Private sector’s income + iii- xi + v

1000 + 5 – 5 + 10

Private income = 1010.

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