The term assets refers to_______________?
Correct answer: C. a stock of economic resources including land shares and bank deposits
- A. the culturally valued commodities and standards of living that make the poor feel relatively deprived
- B. the flow of money a person receives from their salary or wage
- C. a stock of economic resources including land shares and bank deposits
- D. the slices of the population who own differing amounts of wealth
Explanation
Assets are accumulated stocks of wealth, such as land, shares, savings and bank deposits. Salary or wages are income, which is a flow rather than a stock.
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