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Which of the following commonly is a wife's response when her husband is laid off?
Net Worth
Net Worth is the total value of an individual's or entity's assets minus liabilities, indicating financial health or wealth at a point in time.
Assets
Resources owned by a person or business that have economic value or expected future benefit.
Liabilities
Financial obligations or debts owed by a person or company to others.
Taxation Principle
The guidelines governing how taxes should be levied on individuals and businesses in a fair and efficient manner.
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