CHAPTER 22 Flashcards
1
Q
Money paid for the use of someone else’s money
A
Interest
2
Q
something you want to do in the future
A
Long term-goal
2
Q
Money earned from a job
A
Income
3
Q
something you give up in order to do something else
A
Sacrifice
4
Q
exchanging one thing for another
A
Tradeoff
5
Q
something you want to do now
A
Short term-goal
