In a free-market system, the amount of output that any one household gets depends on its
A) income.
B) wealth.
C) wage and interest income.
D) income and wealth.

Question

Quizplus · Accepted Answer

In a free-market system, the amount of output a household can obtain depends on its income and wealth. Income provides the means to purchase goods and services, while wealth represents the accumulation of assets that can also be used or liquidated to acquire goods and services.

In a Free-Market System, the Amount of Output That Any