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