Which of the Following Is NOT Correct

question 8

Multiple Choice

Which of the following is NOT correct?

• A) Renting is usually less costly in the short run.
• B) Home ownership usually has long-term financial advantages.
• C) Lifestyle and financial factors should be analyzed to determine if you should rent or buy.
• D) Traditional financial guidelines suggest that your home should cost about five times your annual income.
• E) Renting offers mobility.

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Definitions:

Modes of Transportation

Different methods or means by which people and goods can be moved from one place to another, including walking, cycling, driving, and public transit.

Growth Motive

An intrinsic drive in individuals aiming for personal improvement, mastery of skills, and self-actualization.

Self-Direction

Self-direction refers to an individual's ability to set personal goals and make choices based on personal values and preferences, often associated with autonomy.

Achievement

The successful completion or attainment of an objective or goal through effort, skill, or courage.