Question

Which one is not included in national income a) winning from lottery b)milk purchased by a dairy shop. c) operating surplus d)mixed income ​

Answer 1

Answer:

winning lottery is not included in the national income because it does not add to current flow of goods and services. This is transfer income.

Answer 2

Answer:

The correct answer is Option D. Winning a lottery does not add to the flow of goods and services in the economy. Milk purchased by a dairy shop is not a final good as it is for reselling. National Debt Interest is the interest paid on loans taken by the government to meet its consumption purposes.