Human wealth is a function (i.e.,affected by changes in)of which of the following variables?
A)future expected income
B)future expected taxes
C)current interest rates
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

Human wealth is affected by future expected income, as it dictates how much money an individual will make in their lifetime. It is also affected by future expected taxes, as higher taxes can lower disposable income and therefore decrease human wealth. Additionally, it is affected by current interest rates, as they can impact the amount of debt an individual incurs, which can affect their overall wealth. Therefore, the correct choice is D, all of the above.

Human Wealth Is a Function (I