This measures the market value of all assets we own, such as a home, a car, or artwork, minus any debt that we owe.
A) capital
B) welfare
C) wealth
D) investment

Question

Quizplus · Accepted Answer

Wealth is the appropriate term for the market value of all the assets we own minus any outstanding debt. Capital refers to the financial assets used to generate income, welfare is typically used to refer to the well-being of individuals or society, and investment refers to the purchase of assets with the expectation of generating income or profit.

This Measures the Market Value of All Assets We Own