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