Answer to Question #231209 in Economics for Komal

Question #231209

Calculate disposable income when: (all figures in Rs.)

GNP= 240 billion

Depreciation=50 billion

Indirect taxes=25 billion

Subsidies= 10 billion

Corporate taxes=25 billion

Transfer payments=30 billion

Personal taxes=5 billion

Expert's answer

Disposable income is:

"DI = 240 - 50 - 25 + 10 - 25 + 30 - 5 = 175 billion."

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