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Zanibe Almaamar 1st Hour Tri 2 Week 8 Flashcard

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Unemployment

Unemployment
The state of being unemployed. (Not having a job).
The state of being unemployed. (Not having a job).
Capital Stock
Represents the size of the equity position of a firm and can be found on the balance sheet (or notes) of a typical financial statement.
Represents the size of the equity position of a firm and can be found on the balance sheet (or notes) of a typical financial statement.
Standard Of Living
The degree of wealth and material comfort available to a person or community
The degree of wealth and material comfort available to a person or community
Quota
A limited or fixed number or amount of people or things, in particular.
A limited or fixed number or amount of people or things, in particular.
Self-employment
A situation in which an individual works for him/herself instead of working for an employer that pays a salary or wage.
A situation in which an individual works for him/herself instead of working for an employer that pays a salary or wage.
Productivity
The state or quality of producing something, especially crops.
The state or quality of producing something, especially crops.
Total Cost
Total expense incurred in reaching a particular level of output.
Total expense incurred in reaching a particular level of output.
Special Interest Group
A group of people or an organization seeking/ receiving special advantages, typically through political lobbying.
A group of people or an organization seeking/ receiving special advantages, typically through political lobbying.
Bait And Switch
The action (generally illegal) of advertising goods that are an apparent bargain, with the intention of substituting inferior or more expensive goods.
The action (generally illegal) of advertising goods that are an apparent bargain, with the intention of substituting inferior or more expensive goods.
Sales Tax
A tax on sales or on the receipts from sales.
A tax on sales or on the receipts from sales.
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