What are the resources that can be used to create income, decrease expenses, or store wealth as an investment?

Correct option is C

Assets are resources that can be used to create income, decrease expenses, or store wealth as an investment. Assets include things like property, stocks, bonds, savings accounts, and other valuable items that generate income (through rent, dividends, etc.) or appreciate in value over time, thus helping to build wealth.
Information Booster: In personal finance and investing, assets are key to long-term financial security. They can be income-generating (such as rental properties or dividend-paying stocks) or can appreciate in value over time (such as real estate or investments in stocks). Properly managing assets is a critical part of wealth-building and financial planning.
Additional Knowledge:
· Income Sources: This refers to where income comes from (e.g., salary, business revenue), but it is not specifically about storing wealth or making investments.
· Extra Income: This refers to income that is above the usual sources of income, but it doesn’t necessarily refer to wealth storage or investment.
· Financial Statement: Financial statements are reports that summarize the financial performance and position of an individual or organization, but they are not resources used to create income or store wealth.
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