sharonbullock579 sharonbullock579

Today at 12:21 AM
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How can the change in U.S. wealth differ from U.S. saving? A. The change in wealth equals income minus consumption, which is not equal to saving. B. The change in wealth always equals saving. C. Saving exceeds the change in wealth when consumption expenditure exceeds income. D. The change in wealth includes changes in the prices of assets owned and saving excludes these items.

Answer :

DelcieRiveria DelcieRiveria

Today at 12:26 AM

Answer:

The correct answer is option D.

Explanation:

Savings is the part of income which is left after paying taxes and consumption of goods and services.

Wealth, on the other hand, is the value of assets held by an individual.

The increase in savings will increase wealth but the change value of assets will not be included in savings.

Wealth is thus affected by the change in the value of assets but savings remain unaffected.

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