Items That You Own with a Monetary Worth Are Referred

question 74

Multiple Choice

Items that you own with a monetary worth are referred to as:

• A) liabilities.
• B) variable expenses.
• C) net worth.
• D) income.
• E) assets.

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Definitions:

Upward Comparison

The act of comparing oneself to people who are better off.

Assumptive Worlds

The set of beliefs and assumptions through which an individual perceives and interacts with the world.

Automatic System

A part of the mind that operates involuntary, unconsciously, and quickly, controlling most of our behaviors and cognitive processes.

Infomercial Claims

Statements or assertions made during infomercials, often about the benefits or features of a product, which may not always be fully substantiated.