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Author Question: During 2016, Sean's consumption equals $25,000 and the change in his net worth is -$5,000. Sean's ... (Read 57 times)

haleyc112

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Question 1

Economic income is the sum of consumption and


◦ net worth.
◦ the change in net worth.
◦ wealth.
◦ transfer payments.

Question 2

During 2016, Sean's consumption equals $25,000 and the change in his net worth is -$5,000. Sean's economic income for 2012 is


◦ $5,000.
◦ $20,000.
◦ $25,000.
◦ $30,000.


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Marked as best answer by haleyc112 on Apr 19, 2019

bbburns21

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