The sum of the money and goods owned by a person at a given point ...

[rayancarla1]

The sum of the money and goods owned by a person at a given point of time is termed:
 
  a. status.
  b. assets.
  c. wealth.
  d. income.

Question 2

Which is true about inequality in the distribution of household income in the U.S.?
 
  a. It has declined in recent decades.
  b. It has increased in recent decades.
  c. It has not changed at all in the last 50 years.
  d. It is low compared with that of other industrialized nations.

[ms_sulzle]

Answer to Question 1

c

Answer to Question 2

b

[rayancarla1]

Thank you

[ms_sulzle]

Happy to help you