Nicholas Bowman Has a Savings Account with $825 in It

question 26

Multiple Choice

Nicholas Bowman has a savings account with $825 in it.He knows that he can easily withdraw this money and spend it whenever he wishes.This would be an example of:

• A)money management.
• B)a personal possession.
• C)a limited asset.
• D)a liquid asset.
• E)net worth analysis.

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Definitions:

Total Population

The entirety of individuals living in a specific area or country at a given time.

Owned Slaves

Refers to individuals or entities that held ownership over other human beings as property, typically in the context of historical slavery practices.

Importation

The act of bringing goods or commodities into one country from another, often for trading purposes.

Slaveholders

Individuals or entities that owned slaves, particularly common in historical contexts such as the American South prior to the Civil War.