Examlex
Explain what a No. 200 sieve is.
Inelastic Supply
A market condition where the quantity supplied of a good does not change significantly when its price changes.
Inelastic Demand
The case in which the price elasticity of demand is less than 1.
FICA
FICA stands for the Federal Insurance Contributions Act and is a United States federal payroll tax that funds Social Security and Medicare programs.
Payroll Tax
A tax on the earnings an employer pays to an employee.
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