What is Gross National Disposable Income?

Question

Define Gross National Disposable Income? Or, What is Gross National Disposable Income?

Answer 1

Gross National Disposable Income refers to the sum of the total of National Income (NNP), net indirect taxes, net current transfer from the rest of the World and current Replacement Cost ( Which is Depreciation at the level of economy as a whole). It is the gross income at market prices available to a country for disposal during the Year.