Goal 7.2
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Created by:
HistoricBulldog on August 31, 2010
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5 terms
Terms | Definitions |
|---|---|
 Scarcity | limited quantities of resources to meet unlimited wants |
| Wages | An amount of money paid to an employee at a specified rate per hour worked |
| Salary | a fixed amount of money paid to an employee for each pay period |
| Consumer | A person who buys and uses goods and services |
| Producer | someone who creates a good or service |
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