Just match the definition to the word.
a -most important part of a saving plan
b -allows for a more secure future
c -keeps you from overspending
d -federal programs that provide retirement disability, and life insurance benefits
e -shows you how your savings will grow over a set period of time
f -money owed
g -designates what should happen to a person's wealth upon his/her death
h -first roadblock to savings
i -second roadblock to savings
j -allows one to save money in a retirement fund before taxes

1. 401k
2. will
3. impatience
4. interest calculator
5. savings
6. debt
7. seasonal spending
8. social security
9. budget
10. setting a goal for savings

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.