Calculate'National Income' and 'Net National Disposable Income' from the following :
Calculate'National Income' and 'Net National Disposable Income' from the following :
| (Rs. in Arab) | |
| (i) Net change in stocks | 50 |
| (ii) Government final consumption expenditure | 100 |
| (iii) Net current transfers to abroad | 30 |
| (iv) Gross domestic fixed capital formation | 200 |
| (v) Private final consumption expenditure | 500 |
| (vi) Net imports | 40 |
| (vii) Depreciation | 70 |
| (viii) Net factor income to abroad | (-) 10 |
| (ix) Net indirect tax | 120 |
| (x) Net capital transfers to abroad | 25 |
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(i) National Income (NNPFC)
=Private final consumption expenditure + Government final consumption expenditure + Gross domestic fixed capital formation + Net change in stock - Net imports - Depreciation - Net indirect tax - Net factor income to abroad
=500+100+200+50-40-70-120-(-10)
=860-230
=Rs.630 Arab
(ii) Net National Disposable Income (NNDI)
=NNPFC + Net Indirect Tax - Net current transfer to Abroad
=630+120-30
= Rs. 720 Arab
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