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