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: D
Economics
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Human capital refers to the
A) accumulated financial capital people have acquired. B) accumulated skill and knowledge of human beings. C) accumulation of money by human beings. D) accumulation of money and equipment used by human beings. E) accumulated equipment used by human beings.
Economics
The two main sources of U.S. population increase between Independence and the Civil War were natural increases in population and immigration
Indicate whether the statement is true or false
Economics