Wealth inequality Flashcards
1
Q
Wealth :
A
Wealth is defined as the current market value of all assets owned by households, net of their debts. This is a concept of net wealth.
Topics in Macroeconomics 2 > Wealth inequality > Flashcards
Wealth :
Wealth is defined as the current market value of all assets owned by households, net of their debts. This is a concept of net wealth.