SECTION C: FILL IN THE BLANK SPACES

26. What is the name given to the document that shows your net worth

27. State one main difference between a career and a job

28. State two advantages you will derive from keeping financial records

29. Principal times rate times time gives the

30. In finding out the value of a future amount to be received in todays value terms+, you would have to

31. State two advantages of the taking personal finance course

32. Matilda priced her shoes and bags and other personal belongings she owns and they totaled up to 3,000 cedis, her friend gave her 1,500 cedis for her to keep on her behalf, her brother owes her 1,200, and she had to pay the seller of shoes, 300 cedis. How much is Matildas net worth?

......

33. If Matilda (in question 32 above) remembers that she has a savings of 1000 cedis, but her rent 2,500 cedis is due. Will her net worth remain the same?

34. Utility could be described as

35. State one distinguishing feature between utility and marginal utility

36. Distinguish between real and nominal income

37. Why should you consider Marginal Cost (MC) and Marginal Utility (MU) in making financial decisions?

This course is Public Finance