HA4017 Why or Why Not Big Government? (Class Activity)

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Across
  1. 1. One of the country used for comparisons of revenues and spending
  2. 4. Alleviation of this is considered a public good
  3. 6. One factor in stabilisation is time ____
  4. 7. Only about 11% of education spending is done by the _________ government
  5. 10. How most public school students are allocated places in schools
  6. 12. One way to measure size of public sector
  7. 15. Economist who conceptualised the three functions framework
  8. 21. (Video) Economist Livio de Matteo cited this % as the sweet spot to spending and desirable social outcomes
  9. 22. (Video) One way of distributive justice is through a _______ tax
  10. 23. Education subsidies are sometimes called a school _________
  11. 24. One role of the US Department of Education is to combat __________ in education
  12. 25. One way to measure the size of public sector is looking at the number of public sector ________
  13. 28. (Video) _____ % spent on healthcare and poverty reduction
  14. 29. Rapid expansion in government spending can cause this
  15. 30. Government downward action to ensure fairness
Down
  1. 1. A key reason Milton Friedman believed helped overcome inequality
  2. 2. Stabilisation can negatively impact this aspect of needy citizens
  3. 3. Monetary policies can impact ________ rates
  4. 5. _______ income inequality measures share of nation’s total income that accrues to the poor relative to the rich
  5. 8. Economist who called for active government action to fight unemployment during recessions
  6. 9. When government borrows, shrinking savings supply causing a ______ out effect
  7. 11. The choice-based approach aims to address this issue in the US public school system
  8. 13. A key objective of public schools in ensuring equity
  9. 14. Involves both monetary and fiscal policies
  10. 16. A key factor in stabilisation is fiscal _____________
  11. 17. This type of income tax is believed to help the needy more
  12. 18. One type of market innovation in school types
  13. 19. Greater state redistributive subsidies can help make workers happier, in turn boosting ________
  14. 20. More ________ leads to greater allocative efficiency due to optimal decision making
  15. 26. A key factor for redistribution is to achieve _____ efficiency
  16. 27. A factor in government redistribution efforts is the _________ climate