The value of a household's assets minus the value of its liabilities is called
A) wealth.
B) income.
C) debt.
D) stock.
A
Economics
You might also like to view...
What are explicit costs? What are implicit costs?
What will be an ideal response?
Economics
When a monopolist's marginal cost of production is zero:
a. the deadweight loss is reduced. b. production is lower than if marginal cost were positive. c. the price charged is higher than if marginal cost were positive. d. maximizing profit is same as maximizing revenue.
Economics