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question 185

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Special Exercises

Most people begin learning management skills while they are children,as members of a family.Pat and Frank are parents of Louisa and Michael.Match the activity with the role.You may use a response once,more than once,or not at all.
-Frank checks Power School to find out the kids' current grades


Definitions:

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford given the prices of the goods and the individual's income.

Decrease In Income

A reduction in the amount of money earned or received by an individual or household.

Consumer Purchases

Transactions made by individuals or households for goods and services for personal use.

Products

Tangible or intangible goods offered by businesses to consumers in exchange for payment.

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