What is the best measure of a person's or family's net wealth?
A)The highest level of education received
B)The amount of annual income
C)The value of what they own minus the value of what they owe
D)The value of their gross income minus the value of their expenses

Question

Quizplus · Accepted Answer

The best measure of a person's or family's net wealth is the value of what they own minus the value of what they owe, commonly referred to as their net worth. This calculation takes into account assets such as property, investments, and savings, as well as any debts or liabilities. A person's income or education level may provide some indication of their financial status, but ultimately, net worth is the most comprehensive measure of wealth.

What Is the Best Measure of a Person's or Family's