______________ is computed by subtracting all debt obligations and converting the remaining assets into cash.
A)Income
B)Salary
C)Wealth
D)Inequality

Question

Quizplus · Accepted Answer

The given description describes the concept of wealth, which is the total value of assets owned by an individual or household after subtracting all debts and liabilities. Therefore, option C is the correct answer. Income (option A) refers to the amount of money earned in a specific period, while salary (option B) is a specific type of income received by an individual for their work. Inequality (option D) refers to the unequal distribution of resources or opportunities in a society. None of these options accurately reflect the concept described in the question.

______________ Is Computed by Subtracting All Debt Obligations and Converting