Gross National Disposable Income Solution

STEP 0: Pre-Calculation Summary
Formula Used
Gross National Disposable Income = Net National Disposable Income+Depreciation
GRNDI = NTNDI+D
This formula uses 3 Variables
Variables Used
Gross National Disposable Income - Gross National Disposable Income represents the total income available to the residents of a country for consumption and saving after accounting for depreciation and taxes, and adding subsidies.
Net National Disposable Income - Net National Disposable Income is an indicator that measures the total income available to residents of a country for consumption and saving after accounting for depreciation, taxes and subsidies.
Depreciation - Depreciation refers to the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors.
STEP 1: Convert Input(s) to Base Unit
Net National Disposable Income: 30000 --> No Conversion Required
Depreciation: 1500 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
GRNDI = NTNDI+D --> 30000+1500
Evaluating ... ...
GRNDI = 31500
STEP 3: Convert Result to Output's Unit
31500 --> No Conversion Required
FINAL ANSWER
31500 <-- Gross National Disposable Income
(Calculation completed in 00.004 seconds)

Credits

Created by Aashna
IGNOU (IGNOU), India
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BMS College of Engineering (BMSCE), Bangalore
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20 Macroeconomics Calculators

Operating Surplus
Go Operating Surplus = Value of Output-Intermediate Consumption-Compensation of Employees-Mixed Income-Consumption of Fixed Capital-Net Indirect Taxes
Components of Aggregate Demand
Go Components of Aggregate Demand = Private Consumption Expenditure+Investment Expenditure+Government Expenditure+Net Exports
Real Effective Exchange Rate
Go Real Effective Exchange Rate = (Consumer Price Index of Domestic Nation*Nominal Effective Exchange Rate)/Consumer Price Index of Foreign Country
Net Factor Income from Abroad
Go Net Factor Income from Abroad = Net Compensation of Employees+Net Income from Property and Entrepreneurship+Net Retained Earnings
National Disposable Income
Go National Disposable Income = National Income+Net Indirect Taxes+Net Current Transfers from the Rest of the World
Gross Domestic Product at Factor Cost
Go Gross Domestic Product at Factor Cost = Gross Domestic Product at Market Price+Subsidies-Indirect Taxes
Change in Money Supply
Go Change in Money Supply = (1/Required Reserve Ratio)*Change in Bank Reserves-(Initial Deposit Amount)
Personal Disposable Income
Go Personal Disposable Income = Personal Income-Personal Taxes-Miscellaneous Receipts of Government
Life Expectancy
Go Life Expectancy = Current Age of the Individual+Average Life Expectancy-Adjustment Factor
Private Final Consumption Expenditure
Go Private Final Consumption Expenditure = Household Final Consumption Expenditure+Non Profit Private Institutions FCE
Gross National Product at Market Price
Go Gross National Product at Market Price = Gross Domestic Product at Factor Cost+Net Factor Income from Abroad
Net Domestic Product at Factor Cost
Go Net Domestic Product at Factor Cost = Net Domestic Product at Market Price-Net Indirect Taxes
Net Domestic Product at Market Price
Go Net Domestic Product at Market Price = Gross Domestic Product at Market Price-Depreciation
Growth Rate of Money Supply
Go Growth Rate of Money Supply = Rate of Inflation+Growth Rate of Real Gross Domestic Product
Real Gross Domestic Product Per Capita
Go Real Gross Domestic Product Per Capita = Real Gross Domestic Product/Total Population
Expenditure Multiplier
Go Expenditure Multiplier = Initial Consumer Price Index/Change in Government Spending
Gross National Disposable Income
Go Gross National Disposable Income = Net National Disposable Income+Depreciation
Velocity of Money
Go Velocity of Money = Nominal Gross Domestic Product/Money Supply
Real Wage
Go Real Wage = Nominal Wage/Consumer Price Index
Simple Deposit Multiplier
Go Simple Deposit Multiplier = 1/Required Reserve Ratio

Gross National Disposable Income Formula

Gross National Disposable Income = Net National Disposable Income+Depreciation
GRNDI = NTNDI+D

What do you mean by Gross National Disposable Income ?

Gross National Disposable Income is the total income earned by residents of a country from both domestic and foreign sources. It includes wages, profits, rents, and taxes less subsidies on production and imports. Gross National Disposable Income is an important measure used by economists, policymakers, and analysts to assess the overall economic well-being of a country's residents. It provides insights into the total income available to individuals and households for consumption, saving, and investment purposes, after accounting for various factors such as depreciation and taxes. Gross National Disposable Income is useful for analysing trends in living standards, income distribution and economic growth over time.

How to Calculate Gross National Disposable Income?

Gross National Disposable Income calculator uses Gross National Disposable Income = Net National Disposable Income+Depreciation to calculate the Gross National Disposable Income, Gross National Disposable Income provides a measure of the total purchasing power available to residents for both consumption and saving purposes. Gross National Disposable Income is denoted by GRNDI symbol.

How to calculate Gross National Disposable Income using this online calculator? To use this online calculator for Gross National Disposable Income, enter Net National Disposable Income (NTNDI) & Depreciation (D) and hit the calculate button. Here is how the Gross National Disposable Income calculation can be explained with given input values -> 31500 = 30000+1500.

FAQ

What is Gross National Disposable Income?
Gross National Disposable Income provides a measure of the total purchasing power available to residents for both consumption and saving purposes and is represented as GRNDI = NTNDI+D or Gross National Disposable Income = Net National Disposable Income+Depreciation. Net National Disposable Income is an indicator that measures the total income available to residents of a country for consumption and saving after accounting for depreciation, taxes and subsidies & Depreciation refers to the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors.
How to calculate Gross National Disposable Income?
Gross National Disposable Income provides a measure of the total purchasing power available to residents for both consumption and saving purposes is calculated using Gross National Disposable Income = Net National Disposable Income+Depreciation. To calculate Gross National Disposable Income, you need Net National Disposable Income (NTNDI) & Depreciation (D). With our tool, you need to enter the respective value for Net National Disposable Income & Depreciation and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
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