Tomorrow is my exam.plz answer it fast..
Dear student,
1. We know,
National Disposable Income = NNPFC + Net current transfers from the rest of the world + Indirect Tax - Subsidies
so,
2,745 = 2,500+60+80+140-Subsidies
Subsidies = 35
2. Personal Income = Income from domestic product accruing to Private Sector+Net factor income from abroad+current transfers from government+Interest on National Debt - Corporate Tax - Corporate Savings
Here,
Income from domestic product accruing to Private Sector = NNPFC - Net factor income from abroad - Property and entrepreneurial income of dept. ent. and government - Savings of non-depart,. ent.
So, filling in the values we get,
Income from domestic product accruing to Private Sector = 1155
and,
1,310 = 1155 + (-10)+150+120 - Corporate Tax - 70
Corporate Tax = 95