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Liabilities
Liabilities are financial obligations or debts that a business has to pay back in the future, such as loans, accounts payable, and mortgages.
Assets
Refers to resources owned by a company or individual that have economic value and can provide future benefits.
Financial Theory
The study of economics that examines ways to manage and allocate financial resources, analyzing financial systems and markets.
Economics
The discipline within social science that examines the decision-making process of individuals, governments, companies, and countries in distributing resources to fulfill their desires and requirements.
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