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National Income Accounting

Question
CBSEENEC12013232
Wired Faculty App

Calculate personal disposable income:
                                                                                              र
Private Income                                                                                2,000
Income accruing to corporations                                                    500
Personal income tax                                                                        100
Dividend                                                                                           50
Miscellaneous receipts of Govt, administrative deptt.                      50

Solution
Personal income = 2,000 - 500 + 50 (dividend) = 1,550
Personal disposable income = 1,550 - 100 - 50 = 1,400

Some More Questions From National Income Accounting Chapter

Distinguish between microeconomics and macroeconomics. Give an example of showing the difference between microeconomics and macroeconomics.

Briefly explain the following basic concepts related to NI:
 National Income (NI).

Briefly explain the following basic concepts related to NI:
Final Goods and Intermediate Goods. 

Briefly explain the following basic concepts related to NI:
Consumption Goods and Capital Goods

Briefly explain the following basic concepts related to NI:
Flow and Stock Concepts

Briefly explain the following basic concepts related to NI:
Gross Investment and Net Investment

Briefly explain the following basic concepts related to NI:
Domestic (Economic) Territory

Briefly explain the following basic concepts related to NI:
Normal Residents

Briefly explain the following basic concepts related to NI:
National Income at Current and Constant Prices (Nominal and Real NI).

Briefly explain the following basic concepts related to NI:
Consumption of Fixed Capital (Depreciation).

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