Which of the Following Is Listed as an Asset on an Individual's

question 48

Multiple Choice

Which of the following is listed as an asset on an individual's balance sheet?

• A) Bank credit card balances
• B) Education loans
• C) Outstanding medical bills
• D) Checking accounts
• E) Leased automobiles

---

Definitions:

Imported Goods

Products brought into one country from another for the purpose of sale or trade.

Trade Imbalance

Trade imbalance occurs when there is a significant difference between a country's imports and exports, affecting its economic health.

Financial Crises

are situations where the value of financial institutions or assets drops significantly, leading to a collapse in the economy and causing widespread economic disruption.

Domestic Markets

Markets within a country's borders, where goods and services are produced, bought, and sold domestically.