civics crossword

2. The income reward for a given amount of work.
6. an Italian economist and sociologist, earned a degree in engineering for his research on the concept of equilibrium in physics.
9. May levy either moderate taxes or high taxes on the Firm owner’s profits.
11. A way to evaluate an allocation based on one’s conception of justice.
12. An allocation with the property that there is no alternative technically feasible allocation in which at least one person would be better off, and nobody worse off.
13. An allocation with the property that there is no alternative technically feasible allocation in which at least one person would be better off, and nobody worse off.
14. A policy changes the benefits or costs of alternative courses of action open to the individual.
15. The reward in money (or some equivalent measure) of the individual’s command over valued goods and services.

1. is a mandatory financial charge or levy imposed by a government on individuals or entities
3. An interaction in which the first player proposes a division of a ‘pie’ with the second player, who may either accept, in which case they each get the division proposed by the first person, or reject the offer, in which case both players receive nothing.
4. who wanted to earn as much as possible would choose something between the extremes of trying to take it all, or dividing it equally.
5. Can either pay taxes at the statutory (government-intended) rate, or hire tax lawyers to exploit loopholes in the tax laws—finding accounting methods that will allow the Firm to ‘earn’ its profits in some other lower tax country, for example—so as to minimize its tax obligations.
7. The extent that one can do (or be) what one chooses without narrow socially imposed limits.
8. A set of strategies, one for each player in the game, such that each player’s strategy is a best response to the strategies chosen by everyone else.
10. Who's the one that introduces higher taxes