Economics
Flashcard
•
Other
•
12th Grade
•
Practice Problem
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
What do you call to the payment for the use of land?
Back
rent
2.
FLASHCARD QUESTION
Front
Income less spending.
Back
savings
3.
FLASHCARD QUESTION
Front
Building up the capital stock for more future production and consumption.
Back
investments
4.
FLASHCARD QUESTION
Front
Classify: machineries, equipment, buildings and construction.
Back
capital
5.
FLASHCARD QUESTION
Front
It refers to the lowest wage permitted by law below which if paid by employer will subject him to penalty from the government.
Back
minimum wage
6.
FLASHCARD QUESTION
Front
Payment for public goods and services by citizens.
Back
tax
7.
FLASHCARD QUESTION
Front
It is consumed to fuel day to day expenditures.
Back
spending
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