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