QUESTION IMAGE
Question
a persons amount of debt matches which definition?
the total amount owed to creditors
the total number of credit cards they have
the total amount they have saved
the total income they earn
Brief Explanations
To determine the correct definition of a person's debt, we analyze each option:
- "the total amount owed to creditors" aligns with debt, as debt is money owed to others (creditors).
- "the total number of credit cards they have" refers to quantity of credit cards, not debt.
- "the total amount they have saved" is savings, not debt.
- "the total income they earn" is income, not debt.
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A. the total amount owed to creditors