Liabilities are
A) current income minus spending on current needs.
B) the debts one owes.
C) saving minus investment.
D) anything of value one owns.
E) stocks,bonds,and credit card balances.
Correct Answer:
Verified
Q12: Assets minus liabilities equal
A) saving.
B) investment.
C) wealth.
D)
Q13: Which of the following is an asset
Q14: Which of the following is an asset
Q15: Which of the following is a liability
Q16: Vickie earns $1,500 per week and spends
Q18: The saving rate equals saving divided by
A)
Q19: Charles has the following assets and liabilities:
Q20: Sam has the following assets and liabilities:
Q21: Increases in the value of existing assets
Q22: If Alexandra deposits $1,000 from her paycheque
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