Lesson 14 Crossword

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Across
  1. 3. Clue: Occurs when government revenues exceed expenditures, resulting in extra funds.
  2. 6. Clue: A levy imposed on the profits of corporations, contributing to government revenue.
  3. 7. Clue: A situation where the government faces significant financial challenges, often leading to urgent decision-making.
  4. 8. Clue: The annual process of creating, implementing, and monitoring a government's financial plan.
  5. 9. Clue: A temporary funding measure that allows the government to function when a formal budget has not been enacted.
Down
  1. 1. Clue: A formal submission outlining the government's financial plan for a specific period.
  2. 2. Clue: Expenditures that are not mandated by law and can be adjusted annually by decision-makers.
  3. 3. Clue: A formal congressional decision that establishes the budgetary parameters for a fiscal year.
  4. 4. Clue: A financial plan where expenditures do not exceed revenues, resulting in no deficit.
  5. 5. Clue: The practice of spending more money than the government receives in revenue, leading to a budget deficit.