The amount of money collected between two points of time is called

Question

Quizplus · Accepted Answer

Income refers to the amount of money earned or collected during a specific period, such as a month or a year. It is a measure of how much money an individual or a company makes, and it can come from various sources, such as salaries, profits, investments, etc. In contrast, wealth refers to the total value of all assets (such as property, stocks, savings) minus liabilities (such as debts). Taxes are a portion of the income that individuals and companies are required to pay to the government. Savings refer to the portion of income that is not spent but instead set aside for future use. Asset accumulation refers to the process of building wealth over time by acquiring assets that increase in value. While all these terms are related to money and finance, income is the most appropriate choice for describing the amount of money collected between two points of time.

The Amount of Money Collected Between Two Points of Time