Crazy Economics Puzzle 🤩

5. of careful and sensible fiscal management
8. balance reflecting day-to-day government financial activities
9. amount of income remaining after taxes have been paid
12. resources or property owned by the government
13. ability of consumers to buy goods and services with their available income

1. net value of assets minus liabilities
2. when government spending exceeds revenue in a given period
3. of tax levied directly on income or wealth (e.g. income tax)
4. of fiscal policy that increases government spending or cuts taxes to stimulate the economy
5. policy that reduces government spending or increases taxes to slow economic growth
6. process by which governments collect revenue from individuals and businesses
7. of tax imposed on goods and services rather than directly on income
10. total amount of money that a government owes to creditors
11. financial plan that outlines expected revenues and expenditures