Use the Following Two Columns of Items to Answer the Matching

question 88

Multiple Choice

Use the following two columns of items to answer the matching questions below:
-timelines

• A)a factor multiplied by a periodic savings level (annuity) to get the present value of the annuity
• B)a series of equal payments that occur at the beginning of each period
• C)diagrams that show payments over time

---

Definitions:

Opportunity Cost

The trade-off of potential gains in alternate choices when one is chosen.

Environmental Legislation

Laws and regulations designed to protect the natural environment against pollution and harm, often by regulating emissions and industrial processes.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources.

Primary School

An educational institution for children, typically aged five to eleven, providing the initial stage of compulsory education in many countries.