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What must be attached to an income figure such as £2,000?

A

A type of asset, such as property.

B

A single point in time, such as at midnight.

C

A period of time, such as per month.

D

A geographical location, such as in London.

Card 1 of 24

3.3.1 difference between income as a flow concept and wealth as a stock concept Flashcards

  1. Intl A Level
  2. /Economics
  3. /3.3.1 difference between income as a flow concept and wealth as a stock concept

24 flashcards on CIE Intl A Level Economics 3.3.1 difference between income as a flow concept and wealth as a stock concept: the key terms and definitions you need to recall.

Flashcards