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Definition. net of depreciation. However there is an important variant of this concept, described as adjusted disposable income, which additionally reallocates “income” from govern-ment and NPISHs to households to reflect soci.
- Disposable income | National Accounts at a Glance 2011 - OECD iLibrary
Disposable income, as a concept, is closer to the concept of...
- Disposable income | National Accounts at a Glance 2011 - OECD iLibrary
disposable income, which can be shown gross or net of depreciation. However there is an important variant of this concept, described as adjusted disposable income, which additionally reallocates “income” from gov-ernment and NPISHs to households to reflect social transfers in kind. These transfers reflect expenditures
Disposable income (DI) equals personal income less personal income taxes. Disposable income is distributed between personal consumption expenditure and saving.
Disposable income, as a concept, is closer to the concept of income generally understood in economics, than either national income or GDP. At the total economy level it differs from national income in that additional income items are included, mainly other current transfers such as remittances.
GDP and Personal Disposable Income (PDI) GDP is a measure of the output produced in the economy. Corresponding to this output is the income received by the owners of the factors of production—labor, capital, and land—that are used to produce the output. PDI is the level of income available for spending and saving by households in the economy.
Exercise on gross national income, gross national disposable income and gross saving.....50...
measures of income at the national level. GDP is the broadest measure used, and is used most often to compare income levels in different countries, but clearly, disposable income may be more important to you, since it relates more directly to how much money people have to spend. Definition of Gross Domestic Product (GDP)
