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What is the difference between income and cash flow?
a. there is no difference between economic income and cash flow.
b. cash flow differs from economic income because it includes not only current cash flows but also changes in the present value of future cash flows.
c. economic income differs from cash flow because it includes not only current cash flows but also changes in the present value of future cash flows.
d. economic income differs from cash flow because it includes current cash flows but without any changes in the present value of future cash flows?

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dianesurti1
Its B. or C. 
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                -Diane.

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