Informed decision making requires comparing the costs and benefits of spending alternatives. Costs are things that a decision maker gives up; benefits are things that a decision maker gains.
Standard detail
5.
Benchmark
Depth 1Parent ID: D11563AA7BFE470786C6933F166FCA0CStandard set: Grades K, 1, 2, 3, 4
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 4EF139B421CC49AB8AD7E118370F5028
- ASN identifier
- S2604529
- Subject
- Financial Literacy
- Grades
- 01, 02, 03, 04, K
- Ancestor IDs
- D11563AA7BFE470786C6933F166FCA0C
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US