11.1 Vocab Flashcards
1
Q
cost of living
A
the average cost of the basic goods and services needed to sustain a certain standard of living
2
Q
the average cost of the basic goods and services needed to sustain a certain standard of living
A
cost of living
3
Q
standard of living
A
the level of wealth, comfort, material goods, and necessities available to a group of people
4
Q
the level of wealth, comfort, material goods, and necessities available to a group of people
A
standard of living
5
Q
house poor
A
when someone spends so much of their income on the costs of homeownership that they struggle to reach other financial goals
6
Q
when someone spends so much of their income on the costs of homeownership that they struggle to reach other financial goals
A
house poor
