Economics
Across
- 2. money the government owes
- 3. overall increase in the price of goods
- 7. major source of income for the federal government
- 9. when a single producer dominates a market and there is no competition, causes high inflation
- 10. large scale public systems like highways, bridges, and schools
- 13. sharp drop in a nation's GDP for more than a year
- 14. gives benefits to the elderly by providing supplemental income after retirement
- 16. governmental plan of action to solve either a problem that affects all or most people or a problem that the people cannot solve on their own
- 17. provide money to buy food based on the dollar amount a household receives based on family income
- 20. a country's official principles, positions, and procedures for dealing with forces outside its borders
- 21. product
Down
- 1. fee charged for borrowing money
- 4. money set aside for a specific use
- 5. type of fuel made by blending gasoline and ethanol
- 6. government's resolution to problems at home in American that need public solution (ex. highways, healthcare, welfare)
- 8. when money is left over
- 9. social welfare program that assists the poor with their medical costs, jointly funded by both the national government and the states
- 11. duties and fees the government charges businesses and individuals who bring good into the US from other countries
- 12. regulates the economy by controlling the money supply
- 15. slowdown in economic growth; decline in GDP for two consecutive quarters
- 18. social insurance program, designed to help the elderly or disabled pay their medical costs
- 19. fees charged to borrow money
- 20. government's power to tax and spend