Net wealth for an economic unit equals:
A) Total assets plus equity capital
B) Total assets less real (nonfinancial) assets
C) Total assets minus total liabilities
D) Total savings plus holding of financial assets
E) None of the above

Question

Quizplus · Accepted Answer

Net wealth for an economic unit equals total assets minus total liabilities. This calculation provides the net value of all owned assets after all debts or obligations have been paid off.

Net Wealth for an Economic Unit Equals