WHICH OF THE FOLLOWING ARE TRUE STATEMENTS

13) Which of the following are true statements?

(a) Wealth is the total collection of pieces of property that are a store of value.

(b) Money is frequently confused with income.

(c) Income is a flow of earnings per unit of time.

(d) All of the above are true.

(e) Only (a) and (b) of the above are true.

Answer: D

Question Status: Previous Edition