Chapters
Chapter 1 vocab
100

Chapter 3

Which chapter is this from?

A wage is payment for work that is usually calculated on an hourly, daily, or piecework basis.

100

Personal financial planning

What is the process of setting financial goals and developing plans to reach them while meeting financial needs?

200

Chapter 2

Which chapter is this from?

A charity usually refers to an organization that aids those in need, such as the homeless or victims of natural disasters.

200

marginal cost

 What is the change in the total cost of using one more unit?

300

Chapter 2

Which chapter is this from?

An emergency fund is an amount of money that can be easily accessed in case of a job layoff, illness, or unexpected expense.

300

Inflation

 What is a period of rising prices called?

400

 Chapter 3

Which chapter is this from

Salary is a fixed payment for work and is expressed as an annual figure.

400

Financial competence

What is having the ability to understand basic topics related to finance, such as wisely making, spending, and saving money, called?

500

Chapter 1

 Which chapter is this from?

Demographics are the statistical characteristics of a population. Vital statistics include records of births, deaths, and marriages.

500

Interest

What is the amount that is paid for using money.

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