The stock of assets owned by a person, household, firm or nation is
A)real disposable income.
B)wealth.
C)capital investment.
D)capital goods.

Question

Quizplus · Accepted Answer

Wealth refers to the total stock of assets owned by a person, household, firm or nation, including real estate, financial assets, and other tangible and intangible assets. Real disposable income refers to the amount of money available for spending or saving after taxes and other deductions. Capital investment refers to the purchase of durable goods or long-term investments that can contribute to economic growth. Capital goods refer to physical goods used in the production of other goods and services.

The Stock of Assets Owned by a Person, Household, Firm