National Income Accounting
GDPMP= C + I + G
(MP=Market Price )
GNPMP = GDPMP + NFIA
NDPMP = GDPMP – D
NNPMP = GNPMP – D
GDPFC = Domestic Factor Income + Consumption of Fixed Capital
(FC=Factor Cost)
GDPFC = GDPMP – IT + S
GNPFC = GNPMP – IT + S
GNPFC = Domestic Factor Income + NFIA + Consumption of fixed capital.
NDPFC = NDPMP – IT + S
NNPFC = NDPFC + NFIA
NNPFC = Net Domestic Income + NFIA
Personal Income = Private Income – Corporate Taxes – Corporate Savings
Personal Disposable Income = Personal Income – (Direct Taxes + Fines, Fees, etc. + Social Security Contributions by Employees)
Net National Disposable Income = National Income + Net Indirect Taxes + Net Capital Transfers from the rest of the World
Personal Saving = Personal Disposable Income – Personal Consumption Expenditure
Gross Domestic Saving = Personal Savings + Private Corporate Savings + Public Savings.
PCI=
National income (NNPfc)/Population
GDP Deflator=Nominal GDP/REAL GDP
*100
(MP=Market Price )
GNPMP = GDPMP + NFIA
NDPMP = GDPMP – D
NNPMP = GNPMP – D
GDPFC = Domestic Factor Income + Consumption of Fixed Capital
(FC=Factor Cost)
GDPFC = GDPMP – IT + S
GNPFC = GNPMP – IT + S
GNPFC = Domestic Factor Income + NFIA + Consumption of fixed capital.
NDPFC = NDPMP – IT + S
NNPFC = NDPFC + NFIA
NNPFC = Net Domestic Income + NFIA
Personal Income = Private Income – Corporate Taxes – Corporate Savings
Personal Disposable Income = Personal Income – (Direct Taxes + Fines, Fees, etc. + Social Security Contributions by Employees)
Net National Disposable Income = National Income + Net Indirect Taxes + Net Capital Transfers from the rest of the World
Personal Saving = Personal Disposable Income – Personal Consumption Expenditure
Gross Domestic Saving = Personal Savings + Private Corporate Savings + Public Savings.
PCI=
National income (NNPfc)/Population
GDP Deflator=Nominal GDP/REAL GDP
*100
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