Your Net Worth Is Equal to Your Assets Minus Liabilities

question 28

True/False

Your net worth is equal to your assets minus liabilities.

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Definitions:

Broad Plains

Expansive, flat areas of land with minimal elevation change, often found in the interior regions of continents.

Floodplain

The flat area adjacent to a river, prone to flooding during periods of high discharge, often fertile due to the deposition of sediments.

Delta

A landform created at the mouth of a river where it deposits sediment as it flows into another water body, such as an ocean or lake.

Waterfall

A steep descent of water within a stream, such as the place where it crosses a cliff or steep ledge.