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Which of the Following Best Defines Household Finance

Question 14

Multiple Choice

Which of the following best defines household finance?


A) The study of how a household and the people in it develop the cash flows necessary to support operations and provide for the well-being of its members.
B) The study of how much it costs to purchase a home.
C) The study of how a household and the people in it can minimize the risk of bankruptcy.
D) The study of how the number of people in a household can be maximized.
E) The study of how a household and the people in it limit expenditures and maximize cash inflows.

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