personal finance
DESCRIPTION
Personal Finance. Exam review: Definitions. Economics. Amount of money to be paid by a person before insurance benefits are assessed. An obligation for funds borrowed. The study of production, distribution & consumption of goods & services. - PowerPoint PPT PresentationTRANSCRIPT
Economics
a. Amount of money to be paid by a person before insurance benefits are assessed.
b. An obligation for funds borrowed.c. The study of production, distribution &
consumption of goods & services.d. The cost required in exchange for some benefit
or service.
Deflation
a. An obligation for funds borrowed.b. The study of production, distribution & consumption of goods & services.c. The cost required in exchange for some benefit or service.d. Decrease in the general price level of goods & services typically caused by a reduction in the supply of money.
d. Decrease in the general price level of goods & services typically caused by a
reduction in the supply of money.
Equilibrium Price
a. Cost of an insurance policy.b. Exchange of money for the purpose of a future
gain.c. Point at which quantity demanded equals the
quantity supplied.
d. Investment in society to improve people & circumstances that could not create the investment themselves.
Disposable Income
a. Amount remaining to spend or save after all financial obligations are satisfied.
b. Cost of an insurance policy.c. Exchange of money for the purpose of a future
gain.
d. Point at which quantity demanded equals the quantity supplied.
Debts
a. Amount of money to be paid by a person before insurance benefits are assessed.
b. An obligation for funds borrowed.c. The study of production, distribution &
consumption of goods & services.
d. The cost required in exchange for some benefit or service.
Budgeting
a. Point at which quantity demanded equals the quantity supplied.
b. Investment in society to improve people & circumstances that could not create the investment themselves.
c. Amount of a deposit into a retirement account.d. Process of managing income & expenses to
accomplish a specific purpose.
Expenses
a. Amount of money to be paid by a person before insurance benefits are assessed.
b. An obligation for funds borrowed.c. The study of production, distribution &
consumption of goods & services.d. The cost required in exchange for some benefit
or service.
Investment
a. Amount remaining to spend or save after all financial obligations are satisfied.
b. Cost of an insurance policy.c. Exchange of money for the purpose of a future
gain.d. Point at which quantity demanded equals the
quantity supplied.
Portfolio
a. Decrease in the general price level of goods & services typically caused by a reduction in the supply of money.
b. Financial approach to calculate past, current & future values.
c. Group of financial vehicles held by an individual.d. Amount remaining to spend or save after all
financial obligations are satisfied.
Contribution
a. Point at which quantity demanded equals the quantity supplied.
b. Investment in society to improve people & circumstances that could not create the investment themselves.
c. Amount of a deposit into a retirement account.d. Process of managing income & expenses to
accomplish a specific purpose.
Premium
a. Cost of an insurance policy.b. Exchange of money for the purpose of a future
gain.c. Point at which quantity demanded equals the
quantity supplied.d. Investment in society to improve people &
circumstances that could not create the investment themselves.
Deductible
a. Amount of money to be paid by a person before insurance benefits are assessed.
b. An obligation for funds borrowed.c. The study of production, distribution &
consumption of goods & services.
d. The cost required in exchange for some benefit or service.
Philanthropy
a. Point at which quantity demanded equals the quantity supplied.
b. Investment in society to improve people & circumstances that could not create the investment themselves.
c. Amount of a deposit into a retirement account.d. Process of managing income & expenses to
accomplish a specific purpose.
b. Investment in society to improve people & circumstances that could not create the
investment themselves.
Time Value of Money
a. The study of production, distribution & consumption of goods & services.
b. The cost required in exchange for some benefit or service.
c. Decrease in the general price level of goods & services typically caused by a reduction in the supply of money.
d. Financial approach to calculate past, current & future values.