Wealth is considered to be a

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Quizplus · Accepted Answer

Wealth is considered to be a stock, meaning it represents the accumulated value of assets and resources that a person or entity holds at a given point in time. It is not a flow, as it is not a regular and consistent stream of income. It is also not nontaxable, as wealth may be subject to taxation depending on the jurisdiction and the specific assets involved. Finally, while wealth may include resources, it is not solely defined by them, as it also includes financial assets, real estate, and other types of assets.

Wealth Is Considered to Be a