Answer the following questions: 1. What is the difference between «wage» and «salary»? 2. How can «wealth» be expressed? 3. How can you use your wealth to get income? Give your examples. 4. What is a budget? 5. When is a budget said to have a deficit and when a surplus? 6. What three steps are involved to prepare a budget? 7. What makes up your personal budget? 8. What is the rate of return?

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