Money, Income, Taxes 2025

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Across
  1. 1. another word for take-home pay is ___ pay
  2. 7. a tax ___ is something you subtract from your tax liability. Examples may include money for children or for education
  3. 9. your job pays more to employ you than just your salary. For example, they contribute to Social Security on your behalf and they may put money in your retirement account. These are called employer ___.
  4. 11. this kind of economy does not work will in advanced societies or international trade
  5. 12. the role of the Federal Reserve is to conduct US monetary policy, and it has two goals: to achieve ___ stability and maximum employment.
  6. 13. if a court rules that you owe money, like child support or alimony, the government may ___ your wages to ensure you pay
  7. 14. money serves as a store of ___
  8. 17. another name for the Federal Reserve Board of Governors is “The ___”
  9. 18. a type of income that is not reliable: people who get paid on commission, for example, or only when they make a sale
  10. 19. a tax you pay on things you own like cars and real estate
  11. 22. a way to receive wages that involves money being automatically put into your bank (two words)
  12. 23. the president’s nickname for Jerome Powell, chair of the Federal Reserve Board, is “Too ___,” because he has taken so long to lower interest rates
  13. 25. your pay ___ may be one week or two weeks or one month
Down
  1. 2. a type of income; examples include wages and tips
  2. 3. while it is great to have a job between Thanksgiving and New Years, if that’s all you work, your income will only be ___
  3. 4. not only an italian car, but a type of money that has no relationship to a commodity that has value
  4. 5. in a barter economy, when two people trading each have what the other wants, it’s a double ___ of wants
  5. 6. The rule of 72 is used to calculate how long it will take for your savings to ___, based on the interest rate.
  6. 8. one important characteristic of money is that it be ___ : that is, hard to make, hard to counterfeit
  7. 10. another word for estate tax is ___ tax
  8. 15. Inflation lowers your purchasing ___
  9. 16. two reasons why $1000 given to you today is more valuable than $1000 given to you in 2026 are ___ and interest
  10. 20. a ___ card is one way your employer may give you your wages: it is a prepaid card for the amount of your net income
  11. 21. another name for pay slip is pay ___
  12. 22. there are many types of deductions from a paycheck: FICA, payroll tax, health insurance, etc.
  13. 24. the opposite of compound interest is ___ interest