Semester 2 Crossword - Josh Harlan

12345678910111213141516171819202122232425
Across
  1. 2. the surname of the economist who famously said, “a claim for equality of material position can be met only by a government with totalitarian powers.”
  2. 6. the type of fiscal policy that Congress should do when there is a rescission (1 word)
  3. 11. the term used to describe a government’s budget when the government has received more money than it has spent (2 words)
  4. 13. how much money the FED requires banks to withhold instead of loaning out
  5. 14. people who advocate for the freedom of the people to buy, sell, and trade with other countries (2 words)
  6. 21. actions by the FED to decrease the money supply (3 words)
  7. 22. the FED should raise the discount rate when there is this type of economic problem (2 words)
  8. 23. a type of interest rate in which the same amount of money is added to an account at each interval of time (2 words)
  9. 24. spending that the government does which it is not required to do by law (2 words)
  10. 25. the economic problem that occurs when there is both high inflation and recession
Down
  1. 1. Dave Ramsay describes compound interest as a ______________. (2 words)
  2. 3. businesses and industries which need protection since they are new and not yet successful or powerful enough to support themselves in the midst of other companies around the world (2 words)
  3. 4. the type of tax which causes people with higher incomes to pay higher percentages of their money
  4. 5. the FED supervises and acts as a bank for other _______.
  5. 7. the amount of years each member of the Federal Reserve Board of Governors
  6. 8. the governmental body that created the FED
  7. 9. the term used to describe a government’s budget when the government has spent more money than it has received (2 words)
  8. 10. one’s habits and tendencies to save or spend money (2 words)
  9. 12. a tax on imports from other countries
  10. 15. according to the budget system, this is the amount of money that results from subtracting one’s monthly outgo from their monthly income
  11. 16. a limit on how many things can be imported from other countries
  12. 17. arguers for protectionism who defend the argument of aiding national defense say that we must be able to depend on our own country to produce the things we need, especially during times of _____.
  13. 18. what the FED should do in terms of buying and selling bonds during a recession (1 word)
  14. 19. the name of the argument for protectionism in which it is claimed that some things that are produced in America should only be produced in America, since we are proud to call them “American Made” (2 words)
  15. 20. the category of government spending which the government spends the most money on each year (2 words)