Question: 1 . Explain how limited personal financial resources affect the choices people make. ( 4 ) 2 . Identify the opportunity cost of financial decisions

1. Explain how limited personal financial resources affect the choices people make.(4)2. Identify the opportunity cost of financial decisions post Covid19.(4)3. Discuss the importance of taking responsibility for personal financial decisions.(4)4. Apply a decision-making process to personal financial choices.(4)5. Explain how inflation affects spending and investing decisions.(4)

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