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    Financial Institutions and Markets
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    Exam 1: Understanding the Financial System and Its Impact on the Economy and Markets
  5. Question
    A Household Which Consumes Assets or Increases Debt During the Year
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A Household Which Consumes Assets or Increases Debt During the Year

Question 48

Question 48

Multiple Choice

A household which consumes assets or increases debt during the year is a condition sometimes referred to as:


A) Poor
B) Negative income
C) Negative savings
D) Asset consumption
E) None of the above

Correct Answer:

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