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