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Non-Competitive Markets

Question
CBSEENEC12012612

Calculate private income.    

   

(र in crores)

(i)

National debt interest

10

(ii)

Personal disposable income

150

(iii)

Personal taxes

50

(iv)

Corporate profit tax

25

(v)

Retained earnings of private corporations

5

Solution

Private income = (ii) + (iii) + (iv) + (v)
= 150 + 50 + 25 + 5
= 230 crores