On Average, the ______________ People Possess, the Greater the Likelihood

question 4

Multiple Choice

On average, the ______________ people possess, the greater the likelihood of poverty.

• A) fewer the job skills
• B) lower the life expectancy
• C) longer the time spent receiving college loans
• D) more dates prior to marriage
• E) more guns

---

Definitions:

Liquidity

The ease with which an asset or security can be converted into cash without affecting its market price.

Short-term Debt

Borrowings that are due for repayment within one year.

Common Size Analysis

A financial analysis technique that converts each line item of financial statements into a percentage of a base figure for easy comparison.

Base Amount

A reference amount from which adjustments are made, often used in calculations for taxes, benefits, or financial analysis.