Chapter 12 Vocabulary

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Across
  1. 2. tax- a certificate showing that the government borrowed a certain amount of money.
  2. 4. Debt - Total amount of money the US has borrowed.
  3. 5. a surplus of money
  4. 10. - a difficult examination by trained auditors
  5. 12. tax- taxes on profits
  6. 14. a tax that collects larger amounts of income from higher income brackets.
  7. 15. is made.
Down
  1. 1. money spent on breaking the law
  2. 2. payment for the use of borrowed money.
  3. 3. tax- is the income remaining to a company after it has offset its expenses.
  4. 6. claims imposed by the government
  5. 7. budget-government revenue equals its expenditure.
  6. 8. important tax
  7. 9. tax - A sales tax
  8. 11. - money is made.
  9. 13. a lack of money