assignment details\neconomics honors - graham\nwrite these questions and answer in your notebook.\n1) why…

assignment details\neconomics honors - graham\nwrite these questions and answer in your notebook.\n1) why did the government cut americans $1200 dollars?\n2) what does it mean to monetize something?\n3) does he have more assets or liabilities?\n4) he said, \i dont buy something if i cant afford to buy it.\\n5) explain a record advance.\n6) what is a rainy - day fund?\n7) what is a vice?\n8) how does she build savings?\n9) he said you should ___ and ___ your money over ___.\n10) what does he mean by playing the long game?\n11) explain what bosses do with their money according to rick ross.\n12) work leads to ___, money leads to ___, assets lead to ___.\n13) he said the best money can buy you is what?\n14) what is lifes greatest stress reliever according to ross?\n15) stay focused on ___.\n16) what was the most important bit of advice you got out of this chapter?

assignment details\neconomics honors - graham\nwrite these questions and answer in your notebook.\n1) why did the government cut americans $1200 dollars?\n2) what does it mean to monetize something?\n3) does he have more assets or liabilities?\n4) he said, \i dont buy something if i cant afford to buy it.\\n5) explain a record advance.\n6) what is a rainy - day fund?\n7) what is a vice?\n8) how does she build savings?\n9) he said you should ___ and ___ your money over ___.\n10) what does he mean by playing the long game?\n11) explain what bosses do with their money according to rick ross.\n12) work leads to ___, money leads to ___, assets lead to ___.\n13) he said the best money can buy you is what?\n14) what is lifes greatest stress reliever according to ross?\n15) stay focused on ___.\n16) what was the most important bit of advice you got out of this chapter?

Answer

Brief Explanations:

  1. Likely refers to stimulus during economic crises to boost spending.
  2. Convert into monetary value or generate income.
  3. Implies positive net worth with more assets.
  4. Emphasizes affordability without debt.
  5. Upfront payment for future work/rights.
  6. Savings for unexpected expenses.
  7. A bad habit, often financially harmful.
  8. Through budgeting, cutting expenses, regular saving.
  9. Common advice: save, invest over time (compounding).
  10. Prioritize long-term goals over short-term gains.
  11. Passive investment income in his context.
  12. Logical progression: work→money→assets→wealth.
  13. Typically time or financial freedom.
  14. Financial security reduces stress.
  15. Focus on core objectives.
  16. Key advice: financial discipline (save, invest, avoid debt).

Answer:

  1. To stimulate economic activity during crises (e.g., COVID-19)
  2. To convert into monetary value or generate income from
  3. More assets (assuming positive net worth)
  4. Only purchase if you can afford it twice (avoid debt)
  5. An upfront payment for future work/rights
  6. Savings set aside for unexpected expenses
  7. A bad habit, especially financially detrimental ones
  8. By budgeting, reducing expenses, and saving regularly
  9. save, invest, time
  10. Prioritize long-term goals over immediate results
  11. Passive income from investments (per his context)
  12. money, assets, wealth
  13. Time (or financial freedom)
  14. Financial security
  15. your goals (or long-term objectives)
  16. Practice financial discipline (e.g., save, invest, avoid debt)