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Wealth or savings is a stock variable – that is, it is measurable at a date in time, for example the value of an orchard on December 31 minus debt owed on the orchard. For a given amount of wealth, say at the beginning of the year, income from that wealth, as measurable over say a year is a flow variable. What marks the income as a flow is ...
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The Way to Wealth or Father Abraham's Sermon is an essay written by Benjamin Franklin in 1758. It is a collection of adages and advice presented in Poor Richard's Almanack during its first 25 years of publication, organized into a speech given by "Father Abraham" to a group of people.
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New City is a hamlet and census-designated place in the town of Clarkstown, Rockland County, New York, United States, part of the New York Metropolitan Area.A suburb of New York City, the hamlet is located 18 miles (29 km) north of the city at its closest point, Riverdale, Bronx.