Two Sides Are Involved in Trading Communities or Exchanges

question 18

Multiple Choice

Two sides are involved in trading communities or exchanges. These two sides are:

• A) suppliers and manufacturers.
• B) manufacturers and distributors.
• C) vendors and suppliers.
• D) suppliers and customers.
• E) customers and customers.

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Definitions:

Negative Income Tax

A system of income support that provides individuals with an income guarantee. If an individual's earnings fall below a certain level, they receive supplemental pay from the government rather than paying taxes.

Earned Income Tax Credit

A refundable tax credit for low to moderate income working individuals and families, aimed at reducing poverty and encouraging work.

Unemployment

A situation where individuals who are capable of working and willing to work are not able to find employment.

Temporary Assistance

A form of financial aid provided by government agencies to individuals and families in need for a limited period.