Flashcards - Personal Finance: Consumer Decision Making

Flashcards - Personal Finance: Consumer Decision Making
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value
A-Values are numerical values used in the determination of the most stable orientation of atoms in a molecule , as well as a general representation of steric bulk
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Consumer preference
The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves
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Saving
Saving is income not spent, or deferred consumption
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6 cards in set
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Saving
Saving is income not spent, or deferred consumption
Consumer preference
The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves
value
A-Values are numerical values used in the determination of the most stable orientation of atoms in a molecule , as well as a general representation of steric bulk
inflation
In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time
Interest
Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum
Reference groups
A reference group is a group to which an individual or another group is compared

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