Wealth
A) is the same as income.
B) includes assets such as houses, stocks, and bonds.
C) does not include tangible objects.
D) is a flow and not a stock.
Answer: B
Economics
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Social security provides payments
A) for food so that the poor can obtain a basic diet. B) to aid married families with dependents. C) to unemployed able-bodied workers. D) to retired and disabled workers.
Economics
Using specialized equipment to produce simultaneously a number of similar items
a. leads to economies of scale. b. is the goal of deregulation. c. can only happen in a high technology nation. d. is called economies of scope.
Economics