Wealth Is

question 94

Multiple Choice

Wealth is

• A)another name for income.
• B)defined as the money in your savings account.
• C)the value of all the things that a person owns.
• D)equivalent to saving.
• E)the same as investment in financial capital.

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Definitions:

Music Downloads

Digital files of songs or albums that can be legally transferred from an Internet site to a user's computer or portable music player.

Streamed Movies

Films that are delivered and viewed over the internet rather than through traditional physical media or broadcast.

Indifference Curve

A graph showing combinations of two goods that give a consumer equal satisfaction and utility.

Utility

A measure of satisfaction or pleasure that people derive from consuming goods and services.