Finance
a financial plan for a defined period
What is a budget?
the basic fact of life that there exists only a finite amount of human and nonhuman resources
What is scarcity?
This executive board member plays the violin.
Who is Puneet?
The classes Mr. V teaches during the 2022-2023 academic school year.
What are Economics, Government, and World History?
a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures
What are taxes?
the loss of potential gain from other alternatives when one alternative is chosen
What is opportunity cost?
This executive board member loves sitting outside in the mornings and reading.
Who is Hajra?
The amount of years Mr. V has been teaching at MCHS.
What is 22 years?
allocating money with the expectation of a positive benefit/return in the future
What is investing?
a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms
What is the study of microeconomics?
This executive board member had to kill a spider in her bathroom with lavender febreeze.
Who is Katelyn?
Mr. V has built this with wood over the summer.
What is a shed?
the ability to borrow money or access goods or services with the understanding that you'll pay later
an 18th-century Scottish economist, philosopher, and author, and is considered the father of modern economics
Who is Adam Smith?
This executive board member's favorite book is The Picture of Dorian Gray.
Who is Gonzalo?
Mr. V met the governor of this state, which sounds similar to a synonym of unhappiness.
an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor
What is debt?
assets used for the production of goods and services
What is capital?
This executive board member has a cat named Moo Moo.
Who is Sarah?
This reptilian is one of Mr. V's pets.
What is a tortoise?