Goal Setting and Well-Being Flashcard

Front

What is a short-term goal?

Back

a goal accomplished in less than one year

Front

What is a long-term goal?

Back

a goal accomplished in more than one year

Front

What is an occupation?

Back

a wide category of jobs with similar characteristics

Front

What is an appropriate way to make money? Options: hack accounts, rob people, work hard, print money

Back

work hard

Front

Which is NOT an example of a need? food, shelter, concert tickets, money

Back

concert tickets

Front

Which of the following are all examples of wants? water, home, and shoes, school, vacation, and water, laptop, income, and electricity, candies, vacation, and gifts

Back

candies, vacation, and gifts

Front

What is the definition of well-being?

Back

overall state of being happy healthy, and prosperous

Front

What is standard of living?

Back

overall state of being happy healthy, and prosperous

Front

What is a progressive tax system?

Back

A tax system where higher-income earners pay a higher percentage of their income.

Front

Which of the following is an example of a progressive tax? Sales tax, Flat income tax, U.S. federal income tax, Property tax

Back

U.S. federal income tax