Econ 5-2

3. wages, benefits, or work rules - given up when a labor contract is negotiated - give and take
4. the more money earned the higher percentage tax is levied on income
6. salary scale - higher wages for current workers and lower wages for new workers
8. part of payroll withholding federal taxes paid into Social Security and Medicare
9. labor force - men and women 16 years and older - either working or actively looking for jobs
12. employer deducts taxes from paychecks and sends them directly to the IRS
14. 6% tax on certain goods purchased within the state - multiply price by .06 to obtain tax
16. workers who operate complex equipment and perform tasks with little supervision
17. average pay rate for certain jobs based on education and supply and demand
18. Internal Revenue Service - government agency that collects taxes on earned income reported - employer
19. invisible barrier and gender discrimination that limits female promotion in the work place
20. tax levied on property and house based on its value set by the tax assessor

1. equal pay and compensation between men and women performing the same job and tasks
2. government taxes on certain products trying to decrease or curb demand on alcohol and tobacco
5. official who assigns a value to property for tax purposes - setting tax % for property tax
7. length of time a person has on a certain job - established job security with labor unions
10. monthly expenses for basic necessities, achieving a certain standard of living and housing
11. workers in jobs that do not require special training and skills - pick fruits and mop floors
13. workers who have a high level of knowledge, education and college degree
15. workers taking their knowledge, training and education to other geographical regions