Calculate 'Net National product at Factor Cost, and'Gross National Disposable Income, from the following :
Calculate 'Net National product at Factor Cost, and'Gross National Disposable Income, from the following :
| (Rs. in Arab) | |
| (i) Social security contributions by employees | 90 |
| (ii) Wages and salaries | 800 |
| (iii) Net current transfers to abroad | (-) 30 |
| (iv) Rent and royalty | 300 |
| (v) Net factor income to abroad | 50 |
| (vi) Social security contributions by employers | 100 |
| (vii) Profit | 500 |
| (viii) Interest | 400 |
| (ix) Consumption of fixed capital | 200 |
| (x) Net indirect tax | 250 |
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(i) Net National Product at Factor Cost (NNPFC)
= Wages and salaries + social security contribution by employers + Rent and royalty + Profit + interest - Net factor income to abroad
=800+100+300+500+400-50
=2,100-50=2,050
=Rs. 2,050 Arab
(ii) Gross National Disposable Income (GNDI)
= NNPFC + Net indirect tax + Consumption of fixed capital - Net current transfer to abroad
=2,050+250+200-(-30)
=Rs. 2,500+30
=Rs. 2,530 Arab
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