Which of the Following May Result from Spending Beyond Your

question 28

Multiple Choice

Which of the following may result from spending beyond your income?

• A) More saving.
• B) More borrowing.
• C) Increased net worth.
• D) Decreased liabilities.

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Definitions:

Unfavorable Effects

Undesired or negative consequences resulting from a particular action or event.

Anticipatory Emotions

Feelings experienced in anticipation of a future event, which can influence decision-making and behavior.

Achievement

The successful completion or reaching of a goal, often through effort, skill, or courage.

Failure

The lack of success in achieving an intended outcome or goal, often leading to a learning opportunity.