Term
| Which is an example of saving? |
|
Definition
| Mary put money in a bank account. |
|
|
Term
| Which is an example of spending? |
|
Definition
| Mary bought a pair of designer jeans on the Internet. |
|
|
Term
| Which is an example of earning? |
|
Definition
| Sam sold things he made at a flea market. |
|
|
Term
| Susan is going to obtain a loan to buy a stereo system. This is an example of which economic activity? |
|
Definition
|
|
Term
| Nancy works in a restaurant where she receives tips. Receiving tips is an example of which economic activity? |
|
Definition
|
|
Term
| Amanda always wanted to become a nurse even though she knew that health care professionals do not generally make good salaries. Amanda's choice of occupation will directly influence her |
|
Definition
|
|
Term
| Rick cannot afford to buy Christmas gifts for everyone in his family. This illustrates: |
|
Definition
|
|
Term
| Sharon paid for an unexpected trip to the emergency room instead of paying her car payment. This illustrates |
|
Definition
|
|
