A Decrease in Net Worth Would Be the Result Of

question 46

Multiple Choice

A decrease in net worth would be the result of:

• A)income greaterthan expenses for a month.
• B)expenses greaterthan income for a month.
• C)assets greaterthan expenses.
• D)increased earnings on the job.
• E)income and expenses equal for a month.

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Definitions:

Consequentialists

Ethical theorists who believe that the morality of an action is determined solely by its consequences.

Pleasure

A sense of satisfaction or happiness experienced through enjoyable activities or sensations, often regarded as a key component of human well-being.

Utilitarian

Pertains to the ethical doctrine that actions are right if they are useful or for the benefit of a majority.

Poverty

A socio-economic condition characterized by a lack of financial resources or means of subsistence, leading to inadequate access to basic needs such as food, water, and shelter.