Money and Me Mini Unit

How much you can obtain for an item at a later time.

• Exchange Value

• Social Value

• Paradox of Time

• None of these

Diminishing marginal utility is when

• there is decrease in satisfaction or usefulness from having one more of the same product

• your inner values change

• the price goes up

• None of these

Unrelated to how much money we actually have, these values reflect what we think or believe about money

• Inner Values

• Social Values

• Financial Values

• Personal Values

Our personal identity (how we see ourselves) and our social identity (how we believe others see us)

• Personal Values

• Social Values

• Inner Values

• Social Influence

The principles that are most important to you in your life

• Life Values

• Inner Values

• Core Values

• None of these

A social media user who has earned credibility with specific groups and who can use their large platform to market a product

• Celebrity

• Gen Z User

• Social Media Influencer

• Affiliates

The apparent contradiction between the high value of a nonessential item and the low value of an essential item

• Supply and demand

• Paradox of Value

• Diminishing marginal utility

• Inflation

The tangible aspects of life, the external world, our physical health and well-being

• Wellness

• Personal Values

• Physical Values

• World View

Principles that are important to you because of the community in which you live

• Personal Values

• Hometown Syndrome

• Social Values

• Social Influence