What does the T in SMART stand for?

I want to save $4,000 for a down payment on a car loan. The dollar amount in my goal makes it:

A goal that isn't too hard...

A record of income and expenses for a period of time

When there is a shortage the price will usually?

The idea that resources are limited; we don't have an unlimited supply of water, food, etc

What will happen to the price of shoes if shoe producers have to pay higher wages to their workers?

When price increases, quantity demanded

An example of a variable expense is:

Most countries try to maintain an inflation rate of ______ per year.

When inflation goes up, the _______________of the dollar decreases

These can be objects, ideas, beliefs, or just about anything that is important to you:

In a socialist economy, the resources, businesses, and incomes are mostly controlled by the government

In Maslow's Hierarchy of Needs, which need has to be met first

Jake lists the positives and negative outcomes of each choice. Which step in the decision-making process is this?

Property owned by a person or company, regarded as having value is an __________

Assets-Liabilities=

Which of the following is an asset?

A loan, debt, or financial obligation is a _____.

A _____________ is something you would like to have, but it is not required to live.

You have to make a choice between playing outside or playing Xbox. You choose to go outside. Playing Xbox is your_____________.

An opportunity cost can be known as a

What does it mean to pay yourself first?

What does the M in SMART stand for?

Which of the following is considered a fixed expense?