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Zanibe Almaamar 1st Hour Tri 2 Week 6

1) Surplus : An amount of something left over when requirements have been met;an excess of production/supply over demand.
2) Tax : A compulsory contribution to state revenue, levied by the government on workers’ income and business profits or added to the cost of some goods, services, and transactions.
3) Trade : A basic economic concept that involves multiple parties participating in the voluntary negotiation and then the exchange of one’s goods and services for desired goods and services someone else possesses.
4) Training : The action of teaching a person or animal a particular skill or type of behavior.
5) Wage : Monetary compensation (or remuneration, personal expenses, labor) paid by an employer to an employee in exchange for work done.
Created on: 2/5/2019
# of cards: 10

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