Net Worth Achieves Is Highest Level Beginning at Age 65

question 54

True/False

Net worth achieves is highest level beginning at age 65 and increases throughout retirement years.

---

Definitions:

Consumer Goods

Products that are purchased for consumption by the average consumer.

Production Possibilities Curve

A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when all resources are used efficiently.

Available Resources

The tangible and intangible assets that can be used or mobilized to achieve specific objectives or to produce goods and services.

Production Possibilities Curve

A graphical representation showing the maximum number of goods or services that can be produced with a fixed amount of resources.