ACT 3070- Midterm Exam Guide - Comprehensive Notes for the exam ( 71 pages long!)
Document Summary
Helps you reach important goals and financial security over your lifetime. The ability to meet essential needs without taking on more debt than you can repay. Possessing and applying financial knowledge to make informed and responsible financial choices. Intangible activities that another person usually performs for a fee. Things you would like but they are not essential. Your beliefs about what is important and desirable. The overall structure of values and goals that guides your behavior. The moral principles or beliefs that direct a person s behavior. A value or goal that is given more importance than other values and goals. An established measure of quality, value, or quantity. Weighing the costs against the benefits of an action, purchase or financial decision. The change in total benefit of using one additional unit. The change in total cost of using one more unit. The choice you give up when you make one choice over another.
