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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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76 plays
#math #scarcity #human capital
Flashcards
9 cards
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Questions
9
Answers
1
What word means a good or a service?
price
decrease
good
product
2
Which word means there's plenty of something; there's enough for everyone who wants to buy it?
availability and supply
scarcity
service
demand
3
What word means that there's not much of something; people want it but there's not enough?
increase
demand
decrease
scarcity
4
What word means that this is how much money you make after all expenses are paid; your benefit?
profit
price
service
good
5
What word means to have less, to go down?
Increase
decrease
6
Which word means a business doing something for another such as cleaning?
service
price
profit
Good
7
Which word means an actual item that can be touched?
supply
price
good
service
8
Which word means to go up?
increase
to fly
scarcity
decrease
9
What word means how much you pay for something?
price/cost
money
profit
increase