Unit 4 flashcards

(7 cards)

1
Q

strike

A

a refusal to work

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2
Q

wagner act

A

gives workers the right to join unions

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3
Q

Interest

A

payment for financial capital

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4
Q

profit

A

proprietor’s income

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5
Q

personal income distribution

A

the pattern of income distribution according to the relative size of people’s income

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6
Q

payroll tax

A

employee and employer pay the same amt in taxes

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7
Q

credit

A

ability to borrow money.

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