Generally Speaking,it Is Wiser to Buy a Home Than to Rent,because

question 84

Multiple Choice

Generally speaking,it is wiser to buy a home than to rent,because each mortgage payment gradually increases one's _________ in the home.

• A) emotional investment
• B) tax liability
• C) personal debt
• D) equity

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Definitions:

Transform Fault

A strike-slip fault that accommodates the horizontal movement of one tectonic plate past another.

Mid-Atlantic Ridge

An underwater ridge located in the Atlantic Ocean, forming a divergent tectonic plate boundary that separates the Eurasian and North American plates in the north and the African and South American plates in the south.

Seafloor Spreading

A geologic process in which tectonic plates move apart from each other, allowing magma to rise and solidify as new oceanic crust.

Volcanic Mountain Belt

A volcanic mountain belt refers to a large-scale geographic area dominated by a series of volcanoes, often associated with plate boundaries, where subduction, rifting, or hotspots activities facilitate magma ascent to the surface.