Which of the following are not included as a component of national income?
A)Corporate profits
B)Compensation of employees
C)Net interest income
D)Capital gains and capital losses

Question

Quizplus · Accepted Answer

Capital gains and capital losses are not included in national income because they represent changes in the value of assets and do not necessarily reflect current production or income earned from productive activity. The other options (A, B, and C) are all components of national income.

Which of the Following Are Not Included as a Component