Economic income is the sum of consumption and

A) net worth.
B) the change in net worth.
C) wealth.
D) transfer payments.

Economic Income

The total value of all earnings over a period, including wages, salaries, bonuses, and any earnings from investments.

Net Worth

The total value of an individual's or organization's assets minus liabilities.

Consumption

The use of goods and services by households, considered as the end component of economic activity where goods or services are utilized.