In the estimation of national income, "Operating Surplus" includes which of the following?

Correct Answer: Rent, interest, and profit

Subject: economics

Explanation: • <b>Key Fact</b> Operating Surplus refers to property income: profits, rent, and interest. • <b>Supporting Detail</b> It strictly excludes compensation of employees (wages and salaries). • <b>Related Concept</b> It is a core component of Value Added and GDP in national accounts statistics. • <b>Why wrong options are wrong</b> Wages are part of labor income, not operating surplus. • <b>Exam Trick</b> Operating Surplus = Income from Capital/Property (Rent+Interest+Profit). • <b>Additional Info</b> Adding Compensation of Employees, Operating Surplus, and Mixed Income gives Net Domestic Product at FC.

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In the estimation of national income, "Operating Surplus" includes which of the ... | economics | Gyaanify | Gyaanify