Answer: A
Step-by-step explanation:
Consumer wealth is defined as the total value of assets minus the total value of liabilities.
Therefore, the correct answer is a. assets minus the total value of liabilities.
Consumer wealth refers to the net worth of individuals or households, which is calculated by subtracting their total liabilities (such as mortgage, credit card debt, or loans) from their total assets (such as savings, investments, and property). This measure provides an indication of the financial health and overall economic well-being of consumers.