GNDI = GNPmp + Net Current Transfer from Rest of The World
GNDI = GNPmp + NCTrow
The GNPmp can be determined with the help of Given data and then by putting in the formula we will be able to determine Gross National Disposable Income.
If NDPfc is given
then
GNPmp = NDPfc + Depriciation +NFIFA + NIT
If GDPfc is given
GNPmp = GDPfc + NFIFA + NIT
So
NNDI = NNPmp + NCT row
GNDI = GNPmp + NCTrow
The GNPmp can be determined with the help of Given data and then by putting in the formula we will be able to determine Gross National Disposable Income.
If NDPfc is given
then
GNPmp = NDPfc + Depriciation +NFIFA + NIT
If GDPfc is given
GNPmp = GDPfc + NFIFA + NIT
So
NNDI = NNPmp + NCT row
what is NCT row??
ReplyDeleteNet Current Transfers from Rest of The world.
ReplyDeleteIt is the difference between current transfers received and current transfers paid to rest of the world in the current year..
Basically these transactions are unilateral in nature,Like Gifts ,financial help when calamity comes to some nation.Like wise when India faced with tsunami India also got some help from other nations.It is Current transfer received from Rest of the world.
I have recently started a blog on economics in Tamil language. You r blog was really helpful for me. Thank you so much.
ReplyDeletewhy are net current transfers from the govt. not included?
ReplyDeleteWhy are other transfers apart from rest of world not included?
ReplyDelete