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Post Test Vocabulary

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
show All the money decisions a person or family makes including earning, budgeting, saving, spending, and planning for the future.  
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show The total value of a person’s assets (things owned) minus their liabilities (things owed); may be a positive or negative dollar amount.  
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Liability   show
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Budget   show
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Compound Interest   show
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show Saving is putting money aside, bit by bit. Investing is taking some of your money and trying to make it grow by buying things you think will increase in value, such as stocks or property.  
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Interest   show
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show The amount of money a worker receives after taxes and other deductions.  
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Withholding   show
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Stocks   show
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show The money you pay for your insurance policy.  
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Entrepreneur   show
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Money Market Account   show
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Stocks   show
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Premium   show
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show An economic system in which the government owns, controls and regulates all aspects of production, trade, and income generated by the most valuable resources.  
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Market Economy   show
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Traditional Economy   show
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Interdependence   show
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Impulse Purchase   show
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show All of the things a company will do to promote their product.  
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show A person who pays for goods or services.  
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Gross Domestic Product   show
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Globalization   show
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Federal Trade Commission   show
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Created by: marcie.soehnlen
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