Your real wealth is measured as the
A) amount of goods and services your wealth will buy.
B) amount of assets you have in dollar terms.
C) amount of goods you have divided by the price level.
D) amount of money you have.

Question

Quizplus · Accepted Answer

Real wealth is determined by the purchasing power of your wealth, which is the amount of goods and services it can buy, rather than just the nominal value in dollars.

Your Real Wealth Is Measured as the