Income is a ________ and wealth is a ________.
A) stock; flow
B) flow; stock
C) variable; constant
D) constant; variable
Correct Answer:
Verified
Q1: _ is a flow of earnings per
Q3: Which of the following statements uses the
Q7: Even economists have no single, precise definition
Q10: Explain the concepts of wealth and income
Q14: A person's house is part of her
A)money.
B)income.
C)liabilities.
D)wealth.
Q14: There is no single precise measure of
Q16: Money is _.
A) the same as currency
B)
Q18: The total collection of pieces of property
Q19: To an economist,_ is anything that is
Q20: When we say that money is a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents