True or false?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 46P
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True or false?
Select one or more:
а.
Wealth can be measured as a flow over time.
O b. Disposable income measures income after direct taxes, so any consumption out of disposable income is
unaffected by taxation.
Your net worth is equal to your assets (both real and financial) minus
O c.
your
labilities.
O d. An example of gross income in the "bathtub" diagram is a landlord's rental income on a property.
Transcribed Image Text:True or false? Select one or more: а. Wealth can be measured as a flow over time. O b. Disposable income measures income after direct taxes, so any consumption out of disposable income is unaffected by taxation. Your net worth is equal to your assets (both real and financial) minus O c. your labilities. O d. An example of gross income in the "bathtub" diagram is a landlord's rental income on a property.
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