Income and Wealth
Income and Wealth
Income is a flow of money received over a period of time. It includes wages, rent, interest, profit and transfer payments such as benefits.
Step-by-step lessons on AQA A Level Economics 1.7.1 The distribution of income and wealth. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.