Macroeconomics

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Across
  1. 1. _______ tax is when everyone receives the same tax rate across the board
  2. 5. ________ reserves is the amount banks MUST keep in them.
  3. 6. a tax rate that increases as income increases
  4. 11. ______ income is what remains after taxes have been witheld
  5. 12. on this system people receive SNAP benefits and medical assistance as well as government assistance.
  6. 13. the number of districts in the FED.
  7. 14. happens when unemployment increases and inflation increases
Down
  1. 2. a tax on imports
  2. 3. trade _________ when the number of exports is greater than imports
  3. 4. sum of total goods and services produced in a country in a year
  4. 5. _______ GDP is adjusted for inflation.
  5. 7. this is a very exaggerated form of inflation. Happened in Germany in 1923.
  6. 8. a limit on exports
  7. 9. The FED can change the discount _______ to affect the money supply
  8. 10. trade _________ when the number of imports is greater than exports