Economics Midterm (6)

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Author:
hey_itsdarra
ID:
252608
Filename:
Economics Midterm (6)
Updated:
2013-12-12 17:41:09
Tags:
OHS Economics
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Description:
Midterm
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  1. Work stoppage by laborers
    Strike
  2. Robotics is an example of this
    Automation
  3. Money that has value because the government says it does
    Fiat money
  4. Automated teller machine
    ATM
  5. Money coming in from the sales of goods or services
    Revenue
  6. Owners only liable for money invested in the company
    LLC
  7. The most common type of stock
    Common stock
  8. The result of revenues being more than expenses
    Profit
  9. The customer is king
    Consumer sovereignty
  10. Consumer satisfaction
    Utility

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