Multiple Choice
What is the difference between income and wealth?
A) There is no difference; they are synonyms
B) Income is one person's earnings; wealth is a household earnings
C) Income is measured in money; wealth includes assets other than money
D) Income is measured year by year; wealth is a cumulative total
Correct Answer:

Verified
Correct Answer:
Verified
Q8: An example of stratified consumption would be
Q9: This theorist argued that elite members of
Q10: SELECT ALL THAT APPLY The wealthy perpetuate
Q11: The cost of college is not a
Q12: A hospital pays higher salaries to doctors
Q14: Many people consider themselves to be middle
Q15: Many celebrities purchase large mansions and expensive
Q16: Which of these arguments does the text
Q17: According to one estimate, _ of the
Q18: John's father is unemployed and living on