Relier Pairs Resources and Choices Version en ligne Using 4-1 Resources and Choices section of the text book match the key words to the correct definitions. par Jeni Garcia 1 Needs 2 Net worth 3 Cash inflows 4 Trade off 5 Opportunity cost 6 Wants 7 Cash outflows 8 Financial resources 9 Liabilities 10 Assets Expenses or other items for which you must spend money. Giving up one item for another Income from your job, investments and other sources Debts that you owe 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 Things people desire for reasons beyond basic comfort and survival 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.
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