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Definition
| Occurs when people exchange their money for something of value with the expectation of earning a profit on it in the future. |
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Definition
| All financial planning begins with a spending and saving plan. |
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Definition
| Payments that remain constant from month to month such as payments for mortgage and insurance premiums. |
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Definition
| Payments that vary from month to month |
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Term
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Definition
| A person chooses a variety of investments CDs. |
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Term
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Definition
| Investors use money to create new capital good. |
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Term
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Definition
| replace existing capital merely keeps the capital stock at it's present level |
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Definition
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Term
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Definition
| money invested in entrepreneurial enterprises |
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