Wealth is:
A) net income minus liabilities.
B) the net value of all assets minus any debts owed.
C) the total value of all cash assets.
D) disposable income minus liabilities.

Question

Quizplus · Accepted Answer

Wealth is defined as the net value of all assets owned by an individual or entity minus any debts owed. This includes all forms of assets such as cash, investments, real estate, and other valuable possessions, after subtracting any liabilities or debts.

Wealth Is