1. It is a combined money earned by all members of the family who are working. It is used buy goods and services required for daily living.

A. Incentive
B. Family Income
C. Commission
D. Bonus


2. A family should have a knowledge of this, to know how much is spent for family needs and where the income goes. What is it?

A. Planning
B. Spending
C. Saving
D. Budgeting

3. These are available supply needed by a certain family. The family members should know how to maximize these to improve their economic and social status.

A. Management
B. Resources
C. Salary
D. Money​