Question

_____ represents the stock of resources which help in producing goods or commodities, whereas _____ represents the flow of goods and services.

• A. Wealth, Income
• B. Income, Wealth
• C. Product, Wealth
• D. All of the above

Answer 1

The correct option is A Wealth, Income

• Wealth: It is defined as the stock of resources which can be used at present or in the future.
  
• Income: It is the money obtained by flow of goods and services on regular basis.