different markets Flashcards

(2 cards)

1
Q

empolyer and employee

A

an employer is a business who empolys workers to produce goods and services. an empolyee is a person who works for a business. the difference is one gets money and one gives money.

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2
Q

landlord and tenant

A

a landlord is the owner of a house who leases it out to a tenant in exchange for rent. a tenant is a person who pays rent in exchange for living in the housed owned by someone else. the difference is someone gives money and someone gives the house.

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