In general, during any given year
A) GDP in the United States will exceed wealth in the United States
B) wealth in the United States will exceed GDP.
C) U.S. wealth and U.S. GDP will be approximately equal.
D) U.S. wealth and U.S. GDP will be unrelated.

Question

Quizplus · Accepted Answer

Wealth is a stock measure representing the total value of assets owned at a point in time, while GDP is a flow measure representing the total value of goods and services produced over a year. Typically, the accumulated wealth exceeds the annual GDP.

In General, During Any Given Year