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Which of the Following Statements Is NOT Correct

Question 6

Multiple Choice

Which of the following statements is NOT correct?


A) National income should be equal to the country's money supply.
B) A person's wealth is equal to the value of their assets minus the value of any debts.
C) A person's money is equal to what he or she has in currency and in checking accounts.
D) A person's income is equal to his or her earnings during the year.

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