Examlex
Which of the following is a capital market asset?
Income
The amount of money received by an individual or entity, usually in exchange for labor or services, or through returns on investments.
Utility Function
A mathematical representation in economics that quantifies the satisfaction or happiness derived by a consumer from consuming goods and services.
Substitution Effect
The economic principle that as the price of a good rises, consumers will replace it with cheaper alternatives.
Income
The financial gain received by an individual or entity, typically through wages, investments, or business operations.
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