how to calculate GDPfc NDPfc Private Income, Personal Disposable income etc etc.. with example!!
For GDP fc = GDP mp - Net indirect taxes
NDP fc = GDPmp - Net indirect taxes - Depreciation
Private income = Income from the domestic product accruing to private sector (or NDPfc - Income from property and entreprenuership accruing to government administrattive departments- Savings of non-departmental enterprises) + Net factor income from abroad + National debt interest + Current transfers from government + Net current transfers from the rest of the world.
Personal disposable income = Personal income - Personal taxes - Misc. receipts of the government