Managing My Money Glossary
Glossary of terms used in Managing My Money.
Friday, 19 April 2024, 4:29 AM
Site: Open Learning
Course: Managing my money (MMM_1)
Glossary: Managing My Money Glossary
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Opportunity costThe cost of doing or having something measured in terms of the best alternative foregone (done without). |
Other things being equalA term used by economists and others to indicate that while changing one factor, other factors remain unchanged. |