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
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1
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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.
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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.
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