Answer to Question #186589 in Macroeconomics for Chinar Chakrabarty

Question

IF GNP=500 CAPITAL COSNUMPTION ALLOWANCE=50 INDIRECT TAXES =60 SUBSIDIES=10 CORPORATE PROFITS= 70 DIVIDENDS= 15 GOVERMENT TRANSFER PAYMENTS=25 PERSONAL DIRECT TAXES=70 PERSONAL CONSUMPTION EXPENDITURE= 275 WHAT IS NNP

NATIONAL INCOME , PERSONAL INCOME, PEROSNAL DISPOSABLE INCOME PEROSNAL SAVINGS

Answer 1

$$Solution$$

$NNP=GNP-indirect\ taxes+subsidies\\ NNP=500-60=440+10=450$

$Personal \ Income=National \ income -Net \ Transfer \ Payments\\ Personal\ Income=500-165=335$

$Personal \ Disposable\ income=capital\ consumption+personal \ expenditure=50+275=325$

$Personal\ Savings=$ $personal \ income -personal direct \ taxes =275-70=195$