In economics, wealth is differentiated from income, wealth is a cash flow per unit of time while income is inventory. Response option group True Fake
In economics, wealth is differentiated from income, wealth is a cash flow per unit of time while income is inventory. Response option group True Fake
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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In economics, wealth is differentiated from income, wealth is a cash flow per unit of time while income is inventory.
Response option group
True
Fake
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Wealth and income are differentiated in economics. Wealth is a stock variable whereas income is a flow variable.
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