Examlex
________ occurs when a group of people working together to achieve a common goal via a process of feedback and iteration.
Payroll Tax
Taxes that are withheld from an employee's salary by their employer and paid to the government, often used to fund social security and Medicare.
Social Security
A government program designed to provide financial support to people who are retired, disabled, or unable to work.
Corporate Sector
The portion of an economy comprised of corporations, including businesses and enterprises, engaged in commercial or industrial activities.
Medicare Tax
A federal payroll tax imposed on both employees and employers to fund Medicare, the United States' health care program for the elderly and some disabled individuals.
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