Consider the following figures for national income accounts: DescriptionRs. in MillionWages and salaries44,000Proprietor's income6,000Government Consumption6,000Receipts from the rest of the…

Consider the following figures for national income accounts: DescriptionRs. in MillionWages and salaries44,000Proprietor's income6,000Government Consumption6,000Receipts from the rest of the world800Private consumption expenditure52960Changes in inventories-400Subsidy1600Rental income1800Net interest5000Dividends3600Mixed -income2,000Social security contributed by Employer's3000Corporate income10000Direct taxes1860Current transfers from the rest of the world5000Corporate income taxes2400Capital consumption allowance3200Social Insurance payment13600Current transfers from government8000Indirect business taxes3600Imports2600Government Investment3600Payments to the rest of the world1600Net fixed capital formation10800Exports1440Current transfers from business firms3000Interest paid by the consumer4000 a) Compute NNPmp by both income and expenditure methods. b) Compute personal disposable income. c) State the significance of real GDP in economic analysis d) What types of conceptual difficulties are encountered in the measurement of GDP by product method?