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Which of the Following Describes the Work of Patricia Cronin

question 20

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Which of the following describes the work of Patricia Cronin in Shrine for Girls ?


Definitions:

Net Worth

The total value of all assets owned by an individual or organization minus any liabilities or debts.

Assets

Economic resources owned or controlled by an individual or a business, which are expected to provide future benefits.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Distorting Tax

A tax that alters the economic behavior of individuals and businesses from what they would have chosen in the absence of the tax.

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