Which of the following is correct?
A) Income is a stock concept, and wealth is a flow concept.
B) Both income and wealth are flow concepts.
C) Both income and wealth are stock concepts.
D) Income is a flow concept, and wealth is a stock concept.
Correct Answer:
Verified
Q107: Since 1980 the distribution of income has
A)remained
Q108: Wealth in the United States is
A)distributed in
Q109: Which of the following helps explain growing
Q110: Q111: Q113: Income Q114: Wealth Q115: Since 1980, the difference between the earnings Q116: The term "growing income inequality" implies that Q117: 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
A)is a stock concept.
B)consists of accumulated assets.
C)is
A)is a flow concept.
B)refers to accumulated financial
