Question 1
Households are said to have ________ wealth when the value of their assets is less than the debts they owe.
◦ negative
◦ positive
◦ zero
◦ undefinable
Question 2
Generally speaking, ________ starts out negative, turns positive, then approaches zero near the end of life.
◦ wealth
◦ income
◦ consumption
◦ All of these