6. Marvin purchases a $2,000 computer online using his credit card. His wife, Jane, purchases an identical
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6. Marvin purchases a $2,000 computer online using his credit card. His wife, Jane, purchases an identical computer with a check. For Marvin and Jane's combined household balance sheet. What is true?
a. Total assets have increased by $4,000, but there has been no change in net worth.
b. Total assets have increased by $4,000, while total liabilities rose by $2,000.
c. Total financial assets fell by $2,000, while total liabilities rose by $2,000.
d. Total financial assets fell by $2,000, while net worth remained unchanged.
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