Question
Why are windfall gains not included while calculating
national income?Solution
Windfall gains are unexpected, unearned income such as lottery winnings or sudden profits from stock price increases that are not associated with any productive economic activity. National income calculations focus on income generated through the production of goods and services. Since windfall gains do not result from productive economic activities that create value in the economy, they are excluded from national income measurements. Only income derived from wages, rents, interest, and profits earned through actual productive activities is included in national income calculations.
Statements: L # W, W % V, V $ H, H # T
Conclusions : I. V @ T II. H & W III .V # T
...Statement: T > U ≥ V; T ≤ W = X; I > U
Conclusion: I. U < XÂ Â Â Â Â II. I > T
What should come in the place of question mark, in the given expressions to make ‘T ≤ Z’ always true?
R > S = T ≤ U ≤ V _?_ W = X ≤ Y...
Study the following information carefully and answer the questions given below:
Statements:
Q = B > J, Q = U ≤ V, X ≤ V
Conc...
Statement: K = B; D ≥ L ≥ T ≥ B
Conclusion: I. D > K II. D = K
In the question assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely true and then...
Which of the following expression symbols should replace the question mark(?) in the given expressions to make the expression C ≥ E as well as D > M d...
Statements:Â Â Â Â Â Â A % B & Z % F; F # C & E; E @ P # D
Conclusions :Â Â Â Â Â I. C @ PÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â II. A % PÂ Â Â Â Â ...
Statements: C $ O, O% D, A © D
Conclusions:Â
I. A © OÂ
II. D @ CÂ
III. C © A
In the question assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely follows and t...