Question

match each word with its best definition.
personal finances

budget

risk

opportunity cost

income

the cost of using one resource over another

money earned

an individual’s assets and management of them

the chance or possibility of loss

a plan that balances available resources and expenses

Explanation:

Answer:

personal finances: an individual's assets and management of them
budget: a plan that balances available resources and expenses
risk: the chance or possibility of loss
opportunity cost: the cost of using one resource over another
income: money earned