Wealth

A) is a flow concept.
B) refers to accumulated financial assets only.
C) refers to accumulated real assets only.
D) refers to accumulated financial and real assets.

Wealth

An abundance of valuable financial assets or physical possessions which can be transformed into forms that can be used for transactions.

Financial Assets

Assets that derive value from a contractual claim on future earnings or from owning equity in a company, such as stocks, bonds, or bank deposits.