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Author Question: Assets minus liabilities equals (Read 107 times)

Yolanda

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on: Apr 19, 2019

Question 1

You own a condominium in Orlando, Florida. During the recent downturn in housing values in the area your condo's value declined by $75,000. Your economic income ________ and your taxable income ________.


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

Question 2

Assets minus liabilities equals


◦ net worth.
◦ wealth.
◦ depreciation.
◦ Both net worth and wealth are correct.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Yolanda on Apr 19, 2019

amy.lauersdorf90

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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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Yolanda

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Reply 2 on: Apr 19, 2019
Excellent

connor417

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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