Increases in the value of existing assets are called
A) saving.
B) investment.
C) wealth.
D) capital gains.
E) capital losses.
Correct Answer:
Verified
Q16: Vickie earns $1,500 per week and spends
Q17: Liabilities are
A) current income minus spending on
Q18: The saving rate equals saving divided by
A)
Q19: Charles has the following assets and liabilities:
Q20: Sam has the following assets and liabilities:
Q22: If Alexandra deposits $1,000 from her paycheque
Q23: Which of the following is a flow?
A)
Q24: If Doug drives his car into a
Q25: Jay owns a classic car he purchased
Q26: Saving $100 will
A) increase wealth by $100.
B)
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