Exam (elaborations)
WISE Test VA (Part 1) Updated Questions and Answers (2024/2025) (Verified Answers)
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WISE Test VA (Part 1) Updated Questions and Answers (2024/2025) (Verified Answers)
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WISE Test VA (part 1).pdf file:///C:/Users/HP/Desktop/New%20folder%20(4)/WISE%20TestWISE Test VA (Part 1) Questions & Answers
1. Economics
Answer Is the study of how people decide what they want and what they are willing to
pay in order to get it
2. Scarcity
Answer Is when people want more of something than is available
3. Personal finance
Answer Is the way you manage your own money and the things you own
4. Financial planning
Answer Is making a plan for the future about how to mange your finances
5. Finances
Answer Are the money you have and the things you own that are worth money
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,WISE Test VA (part 1).pdf file:///C:/Users/HP/Desktop/New%20folder%20(4)/WISE%20Test
6. Economy
Answer System of trade
7. Trade
Answer Exchange if things of value
8. Value
Answer Is what something is worth to people
9. Commodity
Answer Something of value that can be bought
10. Financial exchange
Answer Is when commodities are bought or sold using money
11. Good
Answer An item of value that a person can buy or make to sell
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