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What makes income a flow rather than a stock?
A
Income is a stock of money received over a period of time.
B
Income is a flow of assets owned at a point in time.
C
Income is a stock of money held at a point in time.
D
Income is a flow of money received over a period of time.
Card 1 of 27
1.7.1 The distribution of income and wealth Flashcards
27 flashcards on AQA A Level Economics 1.7.1 The distribution of income and wealth: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.