Calculate from the followig data (a) Private income (b) Personal disposable (vi) Net current transfer from rest of the world (ix) Direct taxes paid by households (v) Income from property and entrepreneurship accruing to govt. administrative departments (iv) Current transfers from government administrative income (c) Net national disposable income (7 in crores) 3000 Items (i) National income (ii) Savings of Private corporate sector (iii) Corporation tax 30 80 60 departments 150 50 40 (vii) Savings of non departmental enterprises (viii) Net indirect taxes 250 100 (-)10 (x) Net factor income from abroad (xi) National debt interest 80

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question
Calculate from the followig data (a) Private income (b) Personal disposable
(vi) Net current transfer from rest of the world
(iv) Current transfers from government administrative
(v) Income from property and entrepreneurship
income (c) Net national disposable income
Items
(7 in crores)
(i) National income
(ii) Savings of Private corporate sector
(i) Corporation tax
3000
30
80
60
departments
accruing to govt. administrative departments
150
50
(vii) Savings of non departmental enterprises
(viii) Net indirect taxes
(ix) Direct taxes paid by households
(x) Net factor income from abroad
(xi) National debt interest
40
250
100
(-)10
80
Transcribed Image Text:Calculate from the followig data (a) Private income (b) Personal disposable (vi) Net current transfer from rest of the world (iv) Current transfers from government administrative (v) Income from property and entrepreneurship income (c) Net national disposable income Items (7 in crores) (i) National income (ii) Savings of Private corporate sector (i) Corporation tax 3000 30 80 60 departments accruing to govt. administrative departments 150 50 (vii) Savings of non departmental enterprises (viii) Net indirect taxes (ix) Direct taxes paid by households (x) Net factor income from abroad (xi) National debt interest 40 250 100 (-)10 80
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Gross Domestic Product
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education