Calculate national income and personal disposable income:
Corporation tax 100
Private final consumption expenditure 900
Personal income tax 120
Government final consumption expenditure 200
undistributed profits 50
Change in stocks -20
Net domestic fixed capital formation 120
Net imports 10
Net indirect tax 150
Net factor income from abroad -10
Private income 1000
National income = Private final consumption expenditure+Government final consumption expenditure+Change in stocks + Net domestic fixed capital formation - Net imports -
Net indirect tax +Net factor income from abroad
= 900+200+120-20-10-150+(-10)
= 1030 Crore
Personal disposable income = Private income-Private final consumption expenditure-UNdistrubuted profits-Personal incoem tax
= 1000-100-50-120
=Rs 730 crore
Couldn't generate an explanation.
Generated by AI. May contain inaccuracies — always verify with your textbook.