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The results of an action that occurs over time.
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
Trista made $20 by babysitting for her neighbor. She wants to buy a new dress for the school dance. The dress costs $40. Trista also wants a new CD, which costs $15. What is the future consequence of Trista buying the CD?
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
Creating and maintaining a personal budget can help people make spending and saving decisions. One reason these decisions are important is because
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
Which of the following is not a future consequence of buying a dog?
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
Which of the following is NOT a reason to consider both present and future consequences of a decision?
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
A choice that involves money, resources, or time.
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
Which of the following is not one of the three factors that are considered in an economic decision?
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
A conclusion, or decision, that involves money, resources, or time.
Economic Decision
The money you have to pay upfront.
Economic Choice
Future Consequence
saving money now could allow a major purchase in the future
She has to wait longer to buy the new dress.
Determining Factors
You can make sure to make a decision that will give you the most money.
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