Please solve the second part of this question !!
Solution
(i) private income = personal disposal income + personal taxes + corporate profit tax + retained earning of private corporation
= 150 + 20 + 10 + 5
= 185
Private income = NDP at FC accruing to the private sector + national debt interest + current transfer from govt administative department + net current transfer from rest of the world.
185 = NDP at FC accruing to the private sector + 9 + 8 + 6
185 - 23 = NDP at FC accruing to the private sector
(i) private income = personal disposal income + personal taxes + corporate profit tax + retained earning of private corporation
= 150 + 20 + 10 + 5
= 185
Private income = NDP at FC accruing to the private sector + national debt interest + current transfer from govt administative department + net current transfer from rest of the world.
185 = NDP at FC accruing to the private sector + 9 + 8 + 6
185 - 23 = NDP at FC accruing to the private sector
162 = NDP at FC accruing to the private sector
162 + domestic income accruing to govt = NDP at FC
162 + domestic income accruing to govt = NDP at FC
162 + 30 = NDF at FC
192 = NDF at FC
(2)GDP at MP = NDf at FC + consumption of fixed capital+ net indirect taxes
GDP at MP = 193 + 15 + 25
GDP at MP = 233 (in arab)
note : to solve the second part we need to find private income first.
GDP at MP = 233 (in arab)
note : to solve the second part we need to find private income first.