18432304
Description
Flashcards by Shannon Anderson-Rush, updated more than 1 year ago
|
Created by Shannon Anderson-Rush
almost 5 years ago
|
|
| Question | Answer |
| savings | money you put aside for future use rather than spending it immediately |
| inflation | a general increase in prices and fall in the purchasing value of money |
| net worth | represents the properties owned, less any debt the person has |
| opportunity cost | the loss of potential gain from other alternatives when one alternative is chosen |
Want to create your own Flashcards for free with GoConqr? Learn more.