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