An association of all workers in the same industry,regardless of the job eachworker performs
What is industrial union
100
what are the three criterias for effective taxes
What is equity,simplicity,efficiency
100
what does FICA stand for
What is Federal Insurance Contributions Act
100
what does VAT stand for
What is Value-Added tax
100
what is the public sector made up of
What is federal,state,and local governments
200
A refusal to let the employees work until management demands were met.
What is lockout
200
name the two principles of taxation
What is benefit principle,and ability-to-pay principle
200
what are the two taxes levied using FICA
What is social security,and medicare
200
what is subcharge
What is additional tax above and beyond the base rate
200
what is a fiscal year
What is a 12-month financial planning period that may or may not coincide with the calendar year
300
A situation in which the employer agree to hire only union members.
What is closed shop
300
what are the economic impact of taxes
What is resource allocaton,behavior adjustment,productivityand growth,incidence of a tax
300
what are customs duty
What is a charge levied on goods brought in from other countries
300
Name at least one advantage of VAT
What is hard to avoid because the tax collectors levies it on the total amount of sales taxes
300
what are the two kinds of expenditures the government does
What is goodand services,and transfer payments
400
An employment situation where workers do not have to belong to the union to be hired,but must join soon after and remain a member for as long as they keep their jobs
What is union shop
400
how many types of taxes exist in the united states today
What is 3
400
what is an economic product called
What is luxury good
400
what is the main disadvantage of the VAT
What is that it tends to be invisible to consumers
400
what is the difference between medicaid and medicare
What is medicaid is for lower income families and medicare is for the elderly
500
workers with enough mechanical abilities and skills to operate machines that require a minimum amount of training
What is semiskilled labor
500
how is each type of tax classified
What is according to the way in which the tax burden change as income changes
500
what are the other federal taxes
What is excise tax, estate and gift taxes
500
what is investment tax
What is a reduction in business taxes tha are tied to investment in new plants and equipment
500
what is intergovernmental expenditures
What is funds that one level of government transfers to another level for spending