Unit 6 Q4S

1. a person who relies on another, especially for financial support (usually a family member)
4. a reduction in the value of an asset with the passage of time
6. the total amount of money being transferred into and out of a business or household
10. an expense that will be the same total amount regardless of changes in the amount of sales, production, or some other activity
11. a person who purchases goods and services for personal use
13. Gross wages or gross salaries minus withholdings for payroll taxes and other items such as insurance
15. the loss of potential gain from other alternatives when one alternative is chosen
17. wants have a desire to possess or do (something) or wish for
18. a process by which business decisions are analyzed, the benefits of a given action are summed, and then the costs associated with that action are subtracted
20. an estimate of income and expenditure for a set period of time
21. money received, especially on a regular basis, for work or through investments
22. an individual's total pay before accounting for taxes or other deductions
23. tax levied by a government directly on income, especially an annual tax on personal income
24. a tax on sales or on the receipts from sales

2. a federal insurance program that provides benefits to retired people and those who are unemployed or disabled
3. the tax is levied by the governing authority of the jurisdiction in which the property is located
5. financially sound enough to justify the extension of credit; includes factors such as repayment history and credit score
7. a person who is employed to provide financial services or guidance to clients
8. expenses that can change depending on your use of products or services; they are somewhat
9. a general increase in prices and fall in the purchasing value of money
12. the federal health insurance program for people who are 65 or older; certain younger people with disabilities needs a requirement, necessary duty, or obligation
14. the cost required for something; the money spent on something
16. the financial ability to buy products and services
18. the process of comparing the price of different products or services
19. an individual's income after taking taxes and deductions into account