Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
8 Cards in this Set
- Front
- Back
|
exchange rates
|
the price of one country's currency in terms of another's currency
|
|
|
euro
|
the currency used by 16 members of the european union
|
|
|
price ceiling
|
a government imposed limit on how high a price can be charged
|
|
|
rent control
|
a price ceiling on rents, set by government
|
|
|
price floors
|
government imposed limits on how low a price can be charged
|
|
|
minimum wage laws
|
laws specifying the lowest wage a firm can legally pay an employee
|
|
|
excise tax
|
a tax that is levied on a specific good
|
|
|
tariff
|
an excise tax on an imported good
|
