Another term for your wealth calculated by deducting money that you owe from the value of the things you own is
A)gross income.
B)net income.
C)net property.
D)net worth.

Question

Quizplus · Accepted Answer

Net worth is the term commonly used to describe one's wealth calculated by subtracting debts from assets. Gross income refers to the total amount of money earned before taxes and deductions. Net income is the amount of money left over after taxes and deductions have been taken out. Net property is not a commonly used term to represent one's overall wealth.

Another Term for Your Wealth Calculated by Deducting Money That