Vidyalelo
Commerce · Q222

Financial Management

Graduate and Post Graduate · Commerce · question 222

Q222

The material wealth of a society is equal to the sum of _________.

A.
all financial assets
B.
all real assets
C.
all financial and real assets
Answer
D.
all physical assets

Answer: Option C

Solution

Answer: Option C
Solution:
The material wealth of a society is equal to the sum of all financial and real assets. The material wealth of a society is determined ultimately by the productive capacity of its economy— the goods and services that can be provided to its members.