Which of the following is not included in the National Income? (1) Imputed rent of owner-occupied houses (2) Government expenditure on making new bridges (3) Winning a lottery (4) Commission paid to an agent for sale of house

Which of the following is not included in the National Income? (1) Imputed rent of owner-occupied houses (2) Government expenditure on making new bridges (3) Winning a lottery (4) Commission paid to an agent for sale of house
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(3) Winning a lottery Explanation: National income is the total value a country's final output of all new goods and services produced in one year. Transfer payments are not a part of the national income so they are cut from national income to get n.n.p in order to arrive national income such payments are bad debts incurred by banks, payments of pensions, charity, scholarships etc. Privatesector transfers include charitable donations and prizes to lottery winners.
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Which of the following is not included in the National Income? (1) Imputed rent of owner-occupied houses (2) Government expenditure on making new bridges (3) Winning a lottery (4) Commission paid to an agent for sale of house

Description : Which of the following is not included in the National Income? (1) Imputed rent of owner-occupied houses (2) Government expenditure on making new bridges (3) Winning a lottery (4) Commission paid to an agent for sale of house 

Last Answer : Winning a lottery

Which of these items are excluded in the computation of National Income under value added method? (a) Own acquired fixed assets by the Government enterprises, Govt. and household; (b) Production for self-consumption ; (c) Imputed rent for own occupied house ; (d) All the three

Description : Which of these items are excluded in the computation of National Income under value added method? (a) Own acquired fixed assets by the Government enterprises, Govt. and household; (b) Production for self-consumption ; (c) Imputed rent for own occupied house ; (d) All the three

Last Answer : (d) All the three

Imputed gross rent of owner-occupied buildings is a part of - (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

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Last Answer : (2) final consumption Explanation: The figure of final private consumption expenditure includes the imputed gross rent of owner-occupied dwellings, consumption of own-account production and payment by ... of production and hence an income and is also a part of final consumption expenditure.

National Income include : (1) Financial help to earthquake victims (2) Pocket money of a child (3) Winning of a lottery prize (4) Construction of a new house

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Last Answer : (4) Construction of a new house Explanation: National income is the total value a country's final output of all new goods and services produced in one year. So construction of a new ... . So private sector transfers including charitable donations and prizes to lottery winners are excluded from it.

National Income include : (1) Financial help to earthquake victims (2) Pocket money of a child (3) Winning of a lottery prize (4) Construction of a new house

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Last Answer :  Construction of a new house

Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Description : Imputed gross rent of owneroccupied buildings is a part of (1) capital formation (2) final consumption (3) intermediate consumption (4) consumer durable

Last Answer : final consumption

Who is the real owner of the winning lottery ticket in Arkansas?

Description : Who is the real owner of the winning lottery ticket in Arkansas?

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Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits

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Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits

Description : Which one of the following is not included while estimating national income through income method? (1) Rent (2) Mixed incomes (3) Pension (4) Undistributed profits 

Last Answer : Pension

Just for fun, which Avenger would you pick to guard your new house after winning 500 million in the lottery?

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Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure

Description : Which one of following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure

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Description : Which one of the following represents the Savings of the Private Corporate Sector? (1) Dividends paid to shareholders (2) Total profits of a company (3) Undistributed profits (4) Excess of income over expenditure

Last Answer : Undistributed profits

Income and expenses for the year 2012 are– Fee Received in Cash – Rs.24,000 Accrued Fee – Rs.6,000 Rent for Chamber Paid – Rs.6,000 Outstanding Rent – Rs.2,000 Salary Paid to Staff – Rs.6,000 Miscellaneous Expenses Paid – Rs.200 Salary paid in advance to staff included in the above : Rs. 1,000. What is the income under accrual basis ? (A) Rs. 11,800 (B) Rs. 13,200 (C) Rs. 16,800 (D) Rs. 30,000

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The sale proceeds of Government Bonds come under the budget head of - (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts

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The sale proceeds of Government Bonds come under the budget head of (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts

Description : The sale proceeds of Government Bonds come under the budget head of (1) Revenue Receipts (2) Current Expenditure (3) Capital Outlay (4) Capital Receipts

Last Answer : Capital Receipts

How can I qualify for renting out section 8 houses for rent as an owner?

Description : How can I qualify for renting out section 8 houses for rent as an owner?

Last Answer : You can qualify for renting out section 8 houses for rent as an owner by following these instructions on www.usrentallistings.com/section-8.asp. Another site is www.hud.gov/faqs/faqrenting.cfm ... the necessary paperwork to put your house up for section 8. Each states requirements are different.

Do you know of any houses that are for rent from owner?

Description : Do you know of any houses that are for rent from owner?

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National income accounting is the study of the income and expenditure of the entire - (1) family (2) state (3) economy (4) organisation

Description : National income accounting is the study of the income and expenditure of the entire - (1) family (2) state (3) economy (4) organisation

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Description : Which of the following results by dividing national income by size of population? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure- (4) Per capita production

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Which of the following results by dividing national income by size of population ? (1) Per capita income (2) Subsistence level (3) Subsistence expenditure (4) Per capita production

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Multiplier process in economic theory is conventionally taken to mean : (1) the manner in which prices increase (2) the manner in which banks create credit (3) income of an economy grows on account of an initial investment (4) the manner in which government expenditure increases

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If someone bought you a winning lottery ticket, would you share your winnings?

Description : If someone bought you a winning lottery ticket, would you share your winnings?

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How do you work out what are the chances of anyone winning the lottery any week?

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If you were in an office lottery pool and someone neglected to give you money that week for the lottery and you ended winning would you share it with them anyway?

Description : If you were in an office lottery pool and someone neglected to give you money that week for the lottery and you ended winning would you share it with them anyway?

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Do you know the value of a lost, winning $100,000 dollar lottery ticket?

Description : Do you know the value of a lost, winning $100,000 dollar lottery ticket?

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The odds of winning the lottery bigtime (not just a few bucks here and there) are astronomically against us; yet I continue to play. Do you?

Description : The odds of winning the lottery bigtime (not just a few bucks here and there) are astronomically against us; yet I continue to play. Do you?

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Are there better chances of winning the lottery by playing the same numbers every time?

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What would you do with the winnings from a fifty-two week lottery winning spree?

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What are good strategies to increase your chances of winning the lottery?

Description : What are good strategies to increase your chances of winning the lottery?

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Last Answer : Maybe the actual mediums and psychics already are, and it’s only the fraudulent mediums and psychics who are preying on the gullible.

In the BIG BUCKS LOTTERY the chances of winning a 10.00 prize is 1.What is your best guess about how many people would win a 10.00 prize if 1000 people each buy a single ticket to BIG BUCKS?

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In calculating National Income which of the following is included? (1) Services of housewives (2) Pensions (3) Income of smugglers (4) Income of watchmen

Description : In calculating National Income which of the following is included? (1) Services of housewives (2) Pensions (3) Income of smugglers (4) Income of watchmen

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Which one of the following items is included in the national income account? (1) Services of housewives (2) Income of smugglers (3) Services of Sadhus (4) Services of night-watchmen

Description : Which one of the following items is included in the national income account? (1) Services of housewives (2) Income of smugglers (3) Services of Sadhus (4) Services of night-watchmen

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Which one of the following items is included in the national income account? (1) Services of housewives (2) Income of smugglers (3) Services of Sadhus (4) Services of night-watchmen

Description : Which one of the following items is included in the national income account? (1) Services of housewives (2) Income of smugglers (3) Services of Sadhus (4) Services of night-watchmen

Last Answer : Services of night-watchmen

In calculating National Income which of the following is included ? (1) Services of housewives (2) Pensions (3) Income of smugglers (4) Income of watchmen

Description : In calculating National Income which of the following is included ? (1) Services of housewives (2) Pensions (3) Income of smugglers (4) Income of watchmen 

Last Answer : Income of watchmen

The …………………………….. measurement method of national income aggregates all the money spent by private citizens, firms and the government within the year. (a) Expenditure ;(b) Income ; (c) Input ; (e) Saving

Description : The …………………………….. measurement method of national income aggregates all the money spent by private citizens, firms and the government within the year. (a) Expenditure ;(b) Income ; (c) Input ; (e) Saving

Last Answer : (a) Expenditure