Examlex
Which of the following is NOT a major area of study for economists?
Wealth
The abundance of valuable financial assets or physical possessions which can be converted into forms that can be used for transactions or investments.
Von Neumann-Morgenstern
A utility theorem that represents individuals' preferences over risky choices, and is foundational in expected utility theory.
Utility Function
A mathematical model in economics that represents how different quantities of goods or services can provide satisfaction to consumers.
Income
The reward garnered over time, generally in a consistent pattern, from occupational or investment sources.
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