Money Management Chapter 1

A person who buys and uses products is also known as a: 

The creation of goods and services is known as: 

"The Best A Man Can Get" is an example of both _______ and a _______. 

Tribes in remote areas of the world practice a 

An example of a short-term goal would be: 

If the supply of a good or service is high, demand will be:

Need or want?

"Just Do It" is an example of a 

Owning your own business is an example of a 

What is this an example of?

Need or want?

What is a goal?

What are values?

Exaggerated claims are: 

Need or want?

When the government owns most of the resources and make most economic decisions, it is a

The United States has a: 

Need or want?

Which alternative would be the best value? Consider all the monetary & other costs.

Price-Cost Paid for Item Wholesale=