Thursday, January 29, 2015
How to Calculate Budget
How To Calculate
Budget
Government purchase of goods and services + Government transfer payments - government tax and fee collections
If you have a positive number it is a budget deficient
If you have a negative number it is a budget surplus
Trade
Exports-Imports
GNP
GDP + Net Foreign factor Income
NNP (Net National Product)
GNP-Depreciation
National Income
GDP-Indirect Business taxes - Depreciation - Net Foreign Factor Payments
or
Compensation of Employees + Proprieties + Corporate Profit + Rental Income + Interest Income
Disposable Personal Income (DPI)
NI (National Income) - Personal Household Taxes + Government Transfer Payments
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