4 years, 11 months ago-
Come Visit Lyantonde Town Commonly Known As The Life Enjoyment City! Where 35% Of The Most Like & Productive Busnesses Are Bars, 27% Are Lodges, & 38% Is For Other Bznesses Like Shops, Hotels & Other Small Bznesses!
Those Who Think That Kampala City Is The Only City With A Big Number Of Prostitutes, Come & See Lyantonde Town U’ll Stop Praising Kampala For A Big Number Of Prostitutes. Lyantonde Town Also The Milk City Has Got Very Many Categories Of People Like These Fatty Elephants & Hippos’ Size & Hair Cut Style Women The So Called #BALAARO Which Men Normally Praise For Being Watery! Lyantonde Is One Of The Towns With Good & Cheap Houses/rooms For Rent & The Least & Worst Room U Can Rent At 70k In Boyz Quarters In Kampala It Is At 20k In Lyantonde & In Boyz Quarters! And With Yo 70k In Lyantonde Town U Can Rent A Roadside Big Room For Business In Some Streets! Products Are Also Cheap! Good Number Of Thieves! Uganda Zaabu Walai!
Must Know : WHAT IS NATIONAL INCOME: BASIC CONCEPTS
National Income is total amount of goods and services produced within the nation during the given period say, 1 year. It is the total of factor income i.e. wages, interest, rent, profit, received by factors of production i.e. labour, capital, land and entrepreneurship of a nation.
CONCEPTS OF NATIONAL INCOME:
There are various concepts of National Income, such as GDP, GNP, NNP, NI, PI, DI, and PCI which explain the facts of economic activities.
1. GDP at market price: Is money value of all goods and services produced within the domestic domain with the available resources during a year.
GDP = (P*Q)
Where,
GDP = gross domestic product
P = Price of goods and services
Q= Quantity of goods and services
GDP IS MADE UP OF 4 COMPONENTS:
(i) consumption
(ii) investment
(iii) government expenditure
(iv) net foreign exports of a country
GDP = C+I+G+(X-M)
Where,
C=Consumption
I=Investment
G=Government expenditure
(X-M) =Export minus import
2. GROSS NATIONAL PRODUCT (GNP): Is market value of final goods and services produced in a year by the residents of the country within the domestic territory as well as abroad. GNP is the value of goods and services that the country’s citizens produce regardless of their location.
GNP=GDP+NFIA or,
GNP=C+I+G+(X-M) +NFIA
Where,
C=Consumption
I=Investment
G=Government expenditure
(X-M) =Export minus import
NFIA= Net factor income from abroad.
3. NET NATIONAL PRODUCT (NNP) at MP: Is market value of net output of final goods and services produced by an economy during a year and net factor income from abroad.
NNP=GNP-Depreciation
or, NNP=C+I+G+(X-M) +NFIA- IT-Depreciation
Where,
C=Consumption
I=Investment
G=Government expenditure
(X-M) =Export minus import
NFIA= Net factor income from abroad.
IT= Indirect Taxes
4. NATIONAL INCOME (NI): Is also known as National Income at factor cost which means total income earned by resources for their contribution of land, labour, capital and organisational ability. Hence, the sum of the income received by factors of production in the form of rent, wages, interest and profit is called National Income.
Symbolically,
NI=NNP +Subsidies-Interest Taxes
or, GNP-Depreciation +Subsidies-Indirect Taxes
or, NI=C+G+I+(X-M) +NFIA-Depreciation-Indirect Taxes +Subsidies
5. PERSONAL INCOME (PI): Is the total money income received by individuals and households of a country from all possible sources before direct taxes. Therefore, personal income can be expressed as follows:
PI=NI-Corporate Income Taxes-Undistributed Corporate Profits- Social Security Contribution +Transfer Payments.
6. DISPOSABLE INCOME (DI) : It is the income left with the individuals after the payment of direct taxes from personal income. It is the actual income left for disposal or that can be spent for consumption by individuals.
Thus, it can be expressed as:
DI=PI-Direct Taxes
7. PER CAPITA INCOME (PCI): Is calculated by dividing the national income of the country by the total population of a country.
Thus, PCI=Total National Income/Total National Population
8. MEASUREMENT OF NATIONAL INCOME:
There are three methods to calculate National Income:
(i) Income Method
(ii) Product/ Value Added Method
(iii) Expenditure Method
(i) INCOME METHOD
In this National Income is measured as flow of income.
We can calculate NI as:
NET NATIONAL INCOME = Compensation of Employees+ Operating surplus mixed (w +R +P +I) + Net income + Net factor income from abroad.
Where,
W = Wages and salaries
R = Rental Income
P = Profit
I = Mixed Income
(ii) PRODUCT/ VALUE ADDED METHOD
In this National Income is measured as flow of goods and services.
We can calculate NI as:
NATIONAL INCOME = G.N.P – COST OF CAPITAL – DEPRECIATION – INDIRECT TAXES
(iii) EXPENDITURE METHOD
In this National Income is measured as flow of expenditure.
We can calculate NI through Expenditure method as:
National Income=National Product=National ExpenditureINGRID WANTS NABILLAH’S SEAT MU BUBI NEMUBULUNGI….
I would like to inform all of youthat the reason as to why nabillah is being abused through media and discredited is all because of INGRID TURINAWE…. this lady and her fdc group are trying so hardto frustrate nabillah…. CLOSELY LOOKING AT WAT HAPPENED IN THE PREVIOUS TERM OF OFFICE NABILLAH WAS CALLED A TRAITOR FOR RECIEVING A MEDAL FROM MUSEVENI BUT SUPRISING BESIGYE AGAIN SUPPORTED HER AND NOT SHIFRA WHO FOUGHT FOR BESIGYE THROUGHOUT …byonna twabilaba….
Back on point… INGRID IS DOING ALL SHE CAN TO OUST NABILLAH IN 2021 AND NOW SHE IS STARTING TO SELLHER CANDIDATURE BY DISCREDITING NABILLAH….. HOW CAN THESE PEOPLE BE SO MEAN THAT THEY HAVE STARTED EATING UP THEIR OWN PEOPLE….
I ASSURE YOU NABILLA DONE MANY THINGS FOR HER PEOPLE ESPECIALLY THE WOMEN IN KLA AND THERE WILL BE NO WAY INGRID WILL OUST HER NGA ALI KU DEFIENCE YOKKA…
IT WILL BACKSLIDE PEOPLE WILL THIS TIME DEFY EKISUMULUZO….
GOOD MORNING UGANDA
