Debt should be measured relative to assets or income because: Which is the right answer a)As...
Debt should be measured relative to assets or income because:
Which is the right answer
a)As long as debt remains high, an individual will have no trouble repaying the debt.
B)The ability to produce output depends on the size of the person's debt.
c)Income is always used as a reference point in economics.
D)The ability of an individual to pay off their debt depends on that person's assets or income.
Homework Answers
Option D
The ability of an individual to pay off their debt depends on that person's assets or income.
The ability to repay is relative and depends very much on the assets and income of an individual.
Add Answer to:
Debt should be measured relative to assets or income
because:
Which is the right answer
a)As...
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