Choose the Word or Phrase in [ ] Which Will

question 134

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-If you liquidate assets or borrow to make your budget balance,this will [increase | decrease] your net worth.

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Definitions:

Private Investment

The expenditure by private (non-government) firms on capital goods, such as equipment, buildings, and inventory investments.

Tax System

The legal framework and methods by which a government collects money from individuals and businesses to fund public services and infrastructure.

Economic Growth

A rise in the economy's production of goods and services across a certain timeframe, usually assessed using GDP.

Demographic Transition

The shift in a population from high birth and death rates to low birth and death rates, often associated with industrialization and improved living standards.