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The combined value of everything a person owns is a measure of _____.A.happinessB.incomeC.access to necessitiesD.financial wealthSUBMITarrow_backPREVIOUS

Question

The combined value of everything a person owns is a measure of _____.

A. happiness
B. income
C. access to necessities
D. financial wealth

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Solution

The combined value of everything a person owns is a measure of D. financial wealth.

Financial wealth refers to the total value of all assets owned by an individual, including cash, real estate, investments, and personal property, minus any liabilities or debts. It is a key indicator of an individual's economic status and stability. Unlike happiness, which is a subjective measure of well-being, or income, which is the money received on a regular basis, financial wealth provides a more tangible assessment of an individual's economic resources. Access to necessities, while important for living standards, does not directly reflect one's total asset value. Thus, in this context, financial wealth is the most appropriate choice.

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