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VocabTest.com Material
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3) Wordly Wise 3000®
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Book 11
Book 12
Government and the Economy Crossword
Down
:
1) Government spending that is required by law
2) taxes paid on land that people own
4) spending more money than you earn or take in.
7) measures the responsiveness quantity demanded or supplied of a good a good to a change in it's price.
8) a percentage of the total amount of money you earn
11) Spending that congress decides on each year
13) all natural occuring resources as well as geographic
14) the quantity of a good or service that consumers are willing
17) money spent in order to make money
19) people who buy or use goods and services to satisfy their wants
22) physical or mental effort used to earn wages or income.
23) a percentage of the total price you paid for something
24) the limited amount of resources available.
25) a fee that applies to only certain products like alcohol or tobacco
26) the way goods and services are produced and consumed
27) when the government maps out how much money it expects to bring in and how much money it plans to spend.
30) someone who creates and supplies goods and services
31) financial gained received by selling something for more than it cost to make or purchase
32) The rise of prices over time
38) money that is borrowed and expected to be paid back with interest
Across
:
3) They are the largest private owners in the country. They possess sufficient political power to influence their own interests. The owners control multiple businesses, coordinating activities across sectors.
5) when one company controls an entire industry without competition.
6) a tax that is taken from your earnings to fund a government healthcare program
9) a tax that is taken from your earnings to fund a government run retirement program
10) the government owns some property, offers some kinds of goods and services, and makes some rules that affect how businesses can compete
12) assets or wealth used to start a business or invest in one.
15) an amount of money citizens and businesses are required to pay so that the government can function and provide services.
16) the thing that motivates someone to produce something or act toward a goal.
18) people who take risks to start a new business
20) The fee that is owed and paid when paying back a loan
21) the process of improving, developing newer or better things
28) most goods and services are offered by private companies
29) when two or more individuals or businesses strive to scheive the same goal or be better than others.
33) taxes on goods imported from other countries
34) a promissory note sold by the US Treasury, which acts like a loan for the governmentn that will be paid back with interest.
35) the amount of something available
36) a business strategy where a business owner takes control of two or more key stages of it's supply chain
37) bringing in more money than you spend
39) the benefit you give up when you choose to do one thing instead of another
40) the government owns all the goods and services and decides what those goods and services will cost.
41) a tax the government collects when people die that are very wealthy
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