Question: Income is best described as _ _ _ _ _ _ _ _ _ blank, while wealth is best described as _ _ _ _

Income is best described as _________blank, while wealth is best described as _________blank.
Multiple Choice
an economic concept; an accounting concept
equally distributed; unequally distributed
a stock; a flow
a flow; a stock

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!