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- vocabulary - financial planning
what do these financial planning terms mean?
select the term associated with the personal financial planning process, techniques, and environment for each of the given descriptions. (note: these are not necessarily complete definitions, but there is only one possible answer.)
description
this economic term refers to the benefits, in usefulness and/or increased status, that consumption spending brings.
average propensity to consume
business cycle
employee benefit
financial planner
inflation
money
purchasing power
standard of living
utility
wealth
Utility represents benefits from consumption spending.
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Utility