Examlex
In a many-to-many binary relationship an occurrence of one entity type can be associated with many occurrences of another entity type while each occurrence of the second entity type can be associated with many occurrences of the first.
FICA Tax
A U.S. federal payroll tax that funds Social Security and Medicare, required to be paid by both employees and employers.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good.
Labor
The human effort, including both physical and mental, used in the production of goods and services.
Excise Tax
A tax charged on specific goods and services, such as gasoline and alcohol.
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