The accumulation of past income, natural resources, and financial resources is known as
A) income.
B) collected income.
C) credit.
D) wealth.
E) savings.
Correct Answer:
Verified
Q123: Wealth is an accumulation of past income,
Q124: Credit increases future buying power.
Q125: The strength of one's buying power depends
Q126: Discretionary income is associated with all of
Q127: An individual can have a high income
Q129: Wealth enables consumers to gain buying power.
Q130: A recession is characterized by extremely high
Q131: The total amount of disposable income is
Q132: An individual's after-tax income is called his
Q133: Credit increases current buying power at the
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