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.
Find the wrong number in the following number series:
1250, 500, 200, 80, 30
Select the option that is related to the third letter-cluster in the same way as the second letter-cluster is related to the first letter-cluster.
<...A paper is folded and cut as shown below. How will it appear when unfolded ?
Select the set in which the numbers are related in the same way as are the numbers of the given sets.
(NOTE: Operations should be performed on th...
Pointing at a girl, Seema said, “She is my father’s mother’s husband’s only son’s daughter.” How is that girl related to Seema?
...Vacant : Empty : : Enormous : ?
Change the question mark with the option that follows the applied logic in the first pair.
Man: Woman :: Boys: ??
A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.
RT, WE, BP, GA, ?
What should come in place of question mark (?) in the given series based on the English alphabetical order?
AYF, FUI, KQL, PMO, ?
Select the combination of letters that, when sequentially places in the gaps of the given letter series will complete the series.
E_ I _ _ EL _ _...
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