Taxes
Unemployment
Market Structures
Business Organizations
Factors of Production
100
A goal of taxes
What is raise revenue, influence behavior, and apply fairness
100
An Economic goal dealing with employment 
What is Full Employment
100
Market Structure offers many sellers and offers similar yet not identical products
What is Monopolistic Competition
100
Unlimited Liability, 1 owner
Sole Proprietorship
100
In the Factor market, you get paid Rent---Example---Something from the Land: Coal, Diamonds, Lumber
What is Land
200
Depicted by the more you make, the more you are taxed
What is a progressive Tax
200
Type of unemployment that always exists, when someone is looking for a Better Job
What is Frictional Unemployment 
200
Market Structure with many sellers and offers Identical Products
What is Perfect (Pure) Competition
200
Shared Decision making, Potential for Conflict, and Unlimited Liability
What is a Partnership
200
Factor of Production that you get paid Wages, Performing a service or producing a product
What is Labor
300
Hits low incomes harder
What is a Sales Tax, a regressive tax
300
Unemployment due to Fluctuations in the Business Cycle
What is Cyclical Unemployment 
300
Market Structure will larger barriers to entry with 3-5 Sellers
What is Oligopoly
300
Separate entity with limited liability
What is a Corporation
300
Examples include Tools, Machines, and Equipment- Something you can touch
What is Physical Capital
400
Also called the Flat Tax, where the % taxed stays the same. 
What is a proportional tax, Property Tax
400
Type of unemployment when employers need their type of human capital during only one part of the Year. 
What is Seasonal Unemployment
400
Single Seller, Price Maker, No Product Differentiation
What is a Monopoly
400
Easiest to form, requires a business license in the state doing business, 1 person has full control
What is a Sole Proprietorship
400
Combines all Factors of Production, a Risk Taker and motivated by Profits
What is an entrepreneur. 
500
When the government spends more than it collects in taxes (revenue raised)
What is a deficit
500
Type of unemployment when human capital does not match the needs of employers
What is structural unemployment
500
Very few Barriers to Entry with Agriculture (Commodities) as the Example
What is Pure (Perfect) Competition
500
What are the 3 Business Organizations
What are Sole Proprietorship, Partnership, and Corporation. 
500
Individuals get paid this for Factors of Production
What are Wages, Interest, Rent, and Profit
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