Exam (elaborations)
ECS3701 exam pack
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ECS 3701: Exam Pack 10/11/2018 Question 1 1.1) a. Money Income Money is a stock, it is a certain amount at a given point in time. Page 53 TB or Page 9 Notes Income is a flow of earning per unit of time. b. Money is a liquid asset that can be used to store wealth. Wealth includes several ...
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