Which of the Following Is a Benefit of Buying a Home

question 85

Multiple Choice

Which of the following is a benefit of buying a home rather than renting?

• A) Real estate taxes and utilities will be fixed.
• B) It reduces the need to carry insurance.
• C) Paying for a home is a good way to force yourself to save.
• D) The entire purchase price of the home can be deducted from taxable income, but this deduction must be spread over at least 15 years.

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Definitions:

Autonomy

The capacity to make informed, uncoerced decisions, often regarded as a fundamental ethical principle in many fields.

Ostracism

Ostracism involves exclusion or rejection from a social or professional group, which can lead to psychological distress and feelings of loneliness.

Narcissism

A personality trait characterized by an exaggerated sense of self-importance, need for admiration, and lack of empathy.

Autonomy Needs

A psychological need that drives individuals to pursue independence and self-regulation in their actions and decisions.