Question

Calculate (a) Private Income, and (b) National Income:

	(Rs. in Arab)
(i) Personal Disposable Income	120
(ii) Income from property and entrepreneurship accruing to the government administrative departments	5
(iii) Miscellaneous receipts of government administrative departments	4
(iv) Net current transfers from Abroad	10
(v) Direct tax paid by house holds	15
(vi) Corporation tax	6
(vii) Undistributed profits of private sector	3
(viii) National debt interest	16
(ix) Savings of non-departmental enterprises.	15
(x) Net factor income from abroad	1
(xii) Current Transfers from Government	2

Answer 1

Private Income 

=(i) + (iv) +(vi) + (vii) + (viii) + (ix) + (xi)

=120+10+6+3+16+15+2

= Rs. 172 Arab

National Income

=(ii) + (iii)  + (v) -(x)

=5+4+15-1

=Rs 23 Arab