Use the Following Description of Terms to Answer the Matching

question 36

Short Answer

Use the following description of terms to answer the matching questions below:
A) forecasting future expenses and savings
B) uncertainty on a potential return on an investment
C) what you own
D) determining how much money you should set aside for retirement
E) what you owe
F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
G) determining how your wealth will be distributed before or upon your death
H) current value of what you own minus what you owe
I) source of current information about a variety of topics
J) access to funds to cover any short-term cash deficiencies
-estate planning

• A) forecasting future expenses and savings
• B) uncertainty on a potential return on an investment
• C) what you own
• D) determining how much money you should set aside for retirement
• E) what you owe
• F) decisions regarding how much money to hold in liquid form and how to allocate funds among short term investments
• G) determining how your wealth will be distributed before or upon your death
• H) current value of what you own minus what you owe
• I) source of current information about a variety of topics
• J) access to funds to cover any short-term cash deficiencies
• -estate planning

---

Definitions:

Revenues

The income generated from normal business operations, calculated as the selling price of goods or services times the quantity sold.

Competitive Price-Taker

A Competitive Price-Taker is an individual or company that has no control over the market prices and must accept the prevailing prices as given.

Market Conditions

The various factors that affect the demand and supply of products and services in a market, influencing prices and the economic environment.

Output

The amount of goods or services produced by a business, industry, or economy within a certain period.