Unit 4 flashcards
(7 cards)
1
Q
strike
A
a refusal to work
2
Q
wagner act
A
gives workers the right to join unions
3
Q
Interest
A
payment for financial capital
4
Q
profit
A
proprietor’s income
5
Q
personal income distribution
A
the pattern of income distribution according to the relative size of people’s income
6
Q
payroll tax
A
employee and employer pay the same amt in taxes
7
Q
credit
A
ability to borrow money.