Personal Financial Planning

7 Questions  I  By [email protected]
 This quiz will cover some key terms that are related to the chapter.  This quiz will also will cover decisions and goals in personal finance.

  
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1.  The way in which people make, distribute, and use their goods and services is called?
A.
B.
C.
D.
2.  Financial plans that are more than five years off are called?
A.
B.
C.
D.
3.  The amount of goods and services available for sale is called?
A.
B.
C.
D.
4.  Saving for vacation next summer or paying off small debts are examples of ?
A.
B.
C.
D.
5.  Spending, saving and investing to have the kind of life you want and financial security can be achieved by?
A.
B.
C.
D.
6.  In detail, describe a long-term goal that you have.  Then explain what short-term and intermediate goals will help you achieve it.
7.  Describe three opportunity costs that you might face as you work toward achieving the long-term goal you described in question 6.
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