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Why Is Net Worth a Better Way to Measure the Wealth

Question 14

Multiple Choice

Why is net worth a better way to measure the wealth of the very rich, who traditionally are guarded about their actual worth?


A) Net worth includes anything that can converted to cash, including a home or homes.
B) Net worth measures everything that can be immediately sold.
C) Net worth includes all taxable assets.
D) Net worth excludes debts, which cannot be used to measure wealth.

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