concepts at basic prices

Cards (4)

  • GDP= subsidies (on production) - taxes (on production)
  • GNY= net property income (net interest profits and dividends from abroad)
  • NNY (net national income) = GNY - depreciation
  • Households disposable income= GNY - taxes by firms + subsidies received by firms - depreciation - undistributed profits - personal taxes + benefits