The Debt Payments-To-Income Ratio Is Calculated by Dividing Your Total

question 173

True/False

The debt payments-to-income ratio is calculated by dividing your total liabilities by your net worth.

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Definitions:

Inferiority

A feeling of lower standing compared to others, which can stem from real or perceived shortcomings and can motivate efforts to improve oneself or lead to feelings of resignation.

Disturbed Person

An individual experiencing mental or emotional disruption, impacting their daily functioning or behavior.

Smoking

The act of inhaling and exhaling the smoke of tobacco or a drug, which can lead to various health issues including lung cancer.

Conscious

Pertaining to being aware of one's own existence, sensations, thoughts, surroundings, etc.