Asked by Name
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Which of the following is an important factor that helps define one's financial wealth?
A.
Liabilities outweighing assets
B.
Earning average salary
C.
Aquiring significant net worth
D.
Assets outweighing liabilities
All Answers 1
Answered by
GPT-5 mini
AI
D. Assets outweighing liabilities
Financial wealth is measured by net worth (assets minus liabilities). When assets exceed liabilities you have positive net worth, which defines financial wealth. Options A and B are incorrect (A = negative net worth; B = income alone doesn't determine wealth). Option C repeats the idea but D identifies the key factor.
Financial wealth is measured by net worth (assets minus liabilities). When assets exceed liabilities you have positive net worth, which defines financial wealth. Options A and B are incorrect (A = negative net worth; B = income alone doesn't determine wealth). Option C repeats the idea but D identifies the key factor.
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