What are the basic two components of personal disposable income?
Following are the two basic components of personal disposable income:
(i) Household consumption and
(ii) Household saving.
Personal disposable income is equal to
Transfer payments are ______ income to get personal disposable income.
Mention the differences between Personal Income and Personal Disposable Income.
Calculate National Income and Personal Disposable Income
(Rs in Crores)(i)Personal tax80(ii)Private final consumption expenditure600(iii)Undistributed profits30(iv)Private income650(v)Government final consumption expenditure100(vi)Corporate tax50(vii)Net domestic fixed capital formation70(viii)Net indirect tax60(ix)Depreciation14(x)Change in stocks(−)10(xi)Net imports20(xii)Net factor income to abroad10