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