Term
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Definition
| Services provided by government to reduce economic inequalities and promote the well - being of citizens. |
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Term
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Definition
| An agreement by a company to pay for your health services, in exchange for a fee that you pay each month or each year. |
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Term
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Definition
| Health care paid for by individuals. |
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Term
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Definition
| Money made from a product or service above and beyond the cost of providing the product or service. |
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Term
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Definition
| Health care paid for by taxes. |
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Term
Good and Services Tax
(GST) |
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Definition
| A federal sales tax in Canada. |
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Term
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Definition
| Tax based on a percentage of a person's income. |
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Term
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Definition
| A concept in statistics that means the middle number in a set of data organized in order of least to most. |
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Term
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Definition
| Tax paid at the time of buying a product or service, and based on a percentage of the price of the product or service. |
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Term
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Definition
| Another term for underground economy. |
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Term
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Definition
| All the economic activity in a society, taxed by government to pay for services. |
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Term
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Definition
| Misrepresenting what you earn to avoid paying taxes. |
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Term
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Definition
| A policy of a political party or government about what to tax (e.g., incomes, purchases), how much to tax and how to spend taxes. |
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Term
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Definition
| Economic activity based on buying and selling products and services illegally. |
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