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What is the economic term for legal proceeding involving a person or business that is unable to repay outstanding debts.
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
an amount of money borrowed by one party from another party = is a definition of what economic term?
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
Which of the following is a benefit of making a household budget
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
Which of the following is a reason for and a benefit of saving?
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
Unchecked debt can lead to which of the following health issues?
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
What is an important difference between the federal budget and the budget of the state of Georgia?
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
Which of the following is the BEST definition of a BUDGET?
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
What is the economic term for an additional amount you pay to use borrowed money.
Providing a cushion for emergencies.
bankruptcy
The state budget must be balanced.
debt
a budget will help and individual adapt to changes in financial circumstances
a plan for spending
interest
All of the Above!
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