Show:
Vocabulary I
Vocabulary II
Vocabulary III
Vocabulary IV
Vocabulary V
100
amount of goods and services people are willing to buy
What is demand
100
beliefs and principles that a person considers important, correct, and desirable
What is values
100
the price at which a property could be sold
What is market value
100
the difference between the amount you own and the debts you owe
What is net worth
100
net pay, which isthe amount of income left after taxes and other deductions are taken out of your paycheck
What is take home pay
200
the amount that your original deposit will be worth in the future based on a specific interest rate over a specific period of time
What is future values
200
study of the decisions that go into making, distributing, and using goods and services
What is economics
200
a measure of the changes in prices for commonly purchased goods and services in the United States.
What is consumer price index
200
the method of planning how to get the most from your money
What is money management
200
the difference between the budgeted amount and the actual amount that you spend
What is budget variance
300
amount of money you need to deposit now to attain a desired amount in the future
What is present value
300
amount of money deposited and on which interest is paid
What is principal
300
a small, secure storage compartment that can be rented in a bank
What is a safe deposit box
300
the money left over after essentials are paid for
What is discretionary income
300
the money you receive from doing a job, it is the cash inflow
What is income
400
general rise in the level of prices for goods and services over time
What is inflation
400
the way you spend, save, and invest your money to have the kind of life you want as well as financial security
What is personal financial planning
400
a situation that occurs if a person spends more than he or she receives
What is deficit
400
Money that actually goes into and out of your wallet and bank accounts.
What is cash flow
400
expenses that are more or less the same each month
What is fixed expenses
500
increase in an amount of money as a result of interest or dividends earned
What is time value of money
500
ability to easily convert financial resources into cash without loss of value
What is liquidity
500
the debts that you owe
What are liabilities
500
extra money that can be spent or saved
What is surplus
500
expenses that may change from month to month
What is variable expenses