Examlex
The budget line facing a household includes information on
Flow of Earnings
Refers to the movement of profits or income generated by a business or investment over time.
Stock of Assets
Represents the total value of financial and physical assets owned by an individual, company, or country.
Wealth
The accumulation of valuable resources and assets, both tangible and intangible, that provide economic power or security to an individual or entity.
Wages and Salaries
Monetary compensation paid by employers to employees for their labor services, typically on an hourly, weekly, or annual basis.
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