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Author Question: Wealth or net worth is equal to (Read 81 times)

tichca

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on: Apr 19, 2019

Question 1

You own a house in Malibu, CA. During the recent downturn in the house values in the area your house's value declined by $100,000. If you do not sell your home during this period, your economic income ________ and your taxable income ________.


◦ was unchanged; fell
◦ fell; was unchanged
◦ fell; fell
◦ was unchanged; was unchanged

Question 2

Wealth or net worth is equal to


◦ assets plus liabilities.
◦ assets minus liabilities.
◦ consumption plus changes in net worth.
◦ income minus savings.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by tichca on Apr 19, 2019

josephsuarez

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tichca

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Reply #2 on: Apr 19, 2019
Thanks


josephsuarez

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Reply #3 on: Apr 19, 2019
Welcome :)


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