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Gaining money by working,owning a business,or receiving investment returns |
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money gained from earning |
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The amount of goods/services an employee produces |
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To get a promotion and/or raise in salary |
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Adirection in which the workplace is moving |
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A chance to get a job,advance in a career,or start or expand a business |
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The style of living that a person can offord,according to his or her income |
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A free enterprise system in which consumers respond to the economy as they wish in their earning,spending,saving,and borowing |
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The total output of goods and servises in a nation |
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Showing a responsible approach to choices,considering obligations to others |
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using money to purchase goods abd services |
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A period in which individuals/businesses are financially successful and thriving |
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An economic period of six months or more when growth is slowed down |
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The amount os goods\services available at any point of time |
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The amount of goods/services consumer want to buy at any point of time |
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induviduals,families,businesses and nations have limited resources with which to meet the unlimited needs and wants of consumers/citizens |
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The choice of one item while giving up another |
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The highest valued alternative that must be given up when a choice is made |
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Putting aside money for later use |
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Items with lasting values the purchase of which is considered a form os savings |
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The amount of money people save in an economy |
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Having enough money saved to be able to withstand crises and emergences |
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obtaining money,goods,or services in exchangefor promise of future payment |
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Borrowing;buying now paying later |
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