Jason now owns his home,a vacation property,and a downtown retail space.As a result,what has he increased?

Question

Quizplus · Accepted Answer

By owning his home, vacation property, and downtown retail space, Jason has increased his assets, which in turn increases his net worth. Net worth is calculated by subtracting one's liabilities (debts) from their assets. Owning more assets and having a higher net worth can be an indication of wealth, but it is not equivalent to income or equality.

Jason Now Owns His Home,a Vacation Property,and a Downtown Retail