connor crossword

3. A type of fiscal policy where the government increases spending and/or cuts taxes to encourage economic growth and reduce unemployment.
6. The amount of income a person has left after direct taxes have been paid, available to spend or save.
8. A type of fiscal policy where the government reduces spending and/or increases taxes to slow inflation and reduce excessive demand.
10. The Government's use of taxation and spending to influence the economy.
12. Relating to the government's day-to-day income and expenses, such as tax revenue and spending on healthcare, education, and wages.
15. Acting carefully and responsibly, especially when managing government finances to ensure long-term sustainability.

1. Things of value that are owned and can provide future economic benefits, such as cash, buildings, land, or investments.
2. A tax added to the price of goods and services, paid when consumers make purchases (e.g. GST).
4. Money collected by the government from individuals and businesses to pay for public services.
5. When the government's spending is greater than its revenue in a financial year.
7. The amount of goods and services that money can buy. Higher prices (inflation) reduce purchasing power.
9. A tax paid directly to the government by the person or business earning the income or owning the asset (e.g. income tax).
11. When the government's revenue is greater than its spending in a financial year.
13. The value of total assets minus total liabilities (debts). It shows the overall financial position of a person, business, or government.
14. The total amount of money the government owes after borrowing to cover budget deficits.