Answer to Question #137887 in Macroeconomics for sagarika

Question

Given the following information, calculate

Factor income from domestic product accruing to private sector

Personal Disposable Income

Items

Interest on national debt 10

Corporate saving 30

Corporate tax 50

Current transfers from the government administrative departments 20

Net domestic product at factor cost 450

Savings of non-departmental enterprises 20

Current transfers from rest of the world 5

Payment of direct taxes by households 15

Net factor income from Rest of the World -5

Property and entrepreneurial income of the government administrative departments 25

Answer 1

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