The difference between money and income is that
A)money is a flow and income is a stock.
B)money is a stock and income is a flow.
C)there is no difference-money and income are both stocks.
D)there is no difference-money and income are both flows.

Question

Quizplus · Accepted Answer

Money is a stock of financial assets, while income is a flow of earnings over time. Money can be saved and accumulated, but income is a stream of earnings that come and go. Therefore, money is a stock and income is a flow.

The Difference Between Money and Income Is That