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Question
Regarding income distribution and the distribution of wealth,
A) wealth is a stock concept and income a flow concept.
B) a stock is evaluated at a given moment in time; a flow is evaluated during a period of time.
C) income, a flow, can be viewed as a return on wealth.
D) All of the above are correct.
Answer
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Related questions
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Q:
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Q:
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Q:
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Q:
The United Statesʹ balance of payments is likely to improve whenA) there is an increase in political instability in other countries.B) the inflation rate in the United States rises relative to other countries.C) the American government increases its spending on foreign aid. D) American people want to invest more in foreign countries.