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Across
  1. 2. payment money that a government provides to citizens for reasons other than current employment or the delivery of goods or services in exchange. Examples include Social Security, veteran's benefits, and welfare.
  2. 4. deduction an expense that a taxpayer can subtract from taxable income. Examples include deductions for home mortgage interest and for charitable gifts. See Tax credit and Tax exemption.
  3. 5. an amount paid for a service beyond what is required, usually to express satisfaction; also known as a gratuity.
  4. 6. government fees on business and individual income, activities, or products to support government progra credit an amount that a taxpayer who meets certain criteria can subtract from tax owed. Examples include a credit for earned income below a certain limit and for qualified postsecondary school expenses. See Tax deduction and Tax exemption.
  5. 9. card a prepaid plastic card that allows purchases up to a set limit, at which point the card is discarded or; if ―rechargeable,‖ replenished from an account.
  6. 10. deferral the feature of an investment in which taxes due on principal and/or earnings are postponed until funds are withdrawn, often at retirement.
  7. 11. and Demand the relationship between the quantity consumers are willing and able to buy and the quantity producers are willing and able to produce; the point of agreement (quantity supplied equals quantity demanded) is where prices are set in a market-based economy.
Down
  1. 1. pay gross wage or salary, plus bonuses, minus deductions such as taxes, health care premiums, and retirement savings.
  2. 2. exemption earnings, such as interest from municipal bonds that are free of certain taxes.
  3. 3. loan a high-cost, short-term loan that uses the borrower's automobile as collatera ansfer payment money that a government provides to citizens for reasons other than current employment or the delivery of goods or services in exchange. Examples include Social Security, veteran's benefits, and welfare.
  4. 4. value of money the relationship between time, money, and rate of return (interest), and their effect on earnings growth. The more time, money, and rate of interest, the more money yielded at the end of a period of time.
  5. 7. an investment that represents shares of ownership of the assets and earnings of a corporation.
  6. 8. of living the overall degree of comfort of an individual, household, or population, as measured by the amount of goods and services its members consume.
  7. 9. thequantities of an item that producers are willing and able to make available for sale at various prices over a given time period.