National wealth refers to the value of a nation's entire stock of:
A) physical assets accumulated over time.
B) physical assets produced in a given year.
C) financial assets accumulated over time.
D) financial assets sold in a given year.

Question

Quizplus · Accepted Answer

National wealth refers to the total value of all physical assets (such as buildings, infrastructure, and natural resources) that a country possesses and has accumulated over time, regardless of when they were originally produced. Option B is referring to GDP, not national wealth. Option C and D refer only to financial assets, which may or may not contribute to a country's physical wealth.

National Wealth Refers to the Value of a Nation's Entire