Relacionar Columnas Resources and Choices Versión en línea Using 4-1 Resources and Choices section of the text book match the key words to the correct definitions. por Jeni Garcia 1 Cash outflows 2 Opportunity cost 3 Assets 4 Wants 5 Liabilities 6 Financial resources 7 Cash inflows 8 Needs 9 Net worth 10 Trade off Giving up one item for another Money and other items of value that are used to acquire goods and services Income from your job, investments and other sources The value of your next best option - what you are giving up. Things people desire for reasons beyond basic comfort and survival Expenses or other items for which you must spend money. Debts that you owe Things needed for survival, such as food, clothing, water, shelter and medical care Money and items of value that you own. The difference between your assets and liabilities