Suppose there is an increase in income.This increase in income would have a direct effect on which of the following?
A)financial wealth
B)housing wealth
C)human wealth
D)all of the above

Question

Quizplus · Accepted Answer

An increase in income would directly affect human wealth, which refers to the value of human capital, skills, and education. It is not directly linked to financial or housing wealth, which are more dependent on the stock market and housing market.

Suppose There Is an Increase in Income