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Economics Midterm (6)
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Work stoppage by laborers
Strike
Robotics is an example of this
Automation
Money that has value because the government says it does
Fiat money
Automated teller machine
ATM
Money coming in from the sales of goods or services
Revenue
Owners only liable for money invested in the company
LLC
The most common type of stock
Common stock
The result of revenues being more than expenses
Profit
The customer is king
Consumer sovereignty
Consumer satisfaction
Utility
Author
hey_itsdarra
ID
252608
Card Set
Economics Midterm (6)
Description
Midterm
Updated
2013-12-12T22:41:09Z
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