Which of the following is an example of wealth?
A)A yearly salary of $40,000
B)A mutual fund balance of $1,000
C)Rental payments of $3,000 per month
D)Stock dividends of $500 per quarter

Question

Quizplus · Accepted Answer

Wealth refers to the stock of assets or resources that have value. A mutual fund balance of $1,000 is an example of an asset that a person owns, which contributes to their wealth. Yearly salary, rental payments, and stock dividends are examples of income or cash flows, not wealth.

Which of the Following Is an Example of Wealth