Across
- 3. Taxes taken from paychecks for Medicare and Social Security
- 6. a plan of action, intent, or protocol set by a governmental body.
- 7. the interest rate the Federal Reserve charges member banks.
- 9. a central banking system in the U.S. that is independent of any branch of government.
- 10. a plan for spending and saving.
- 11. a tax on specific goods and services sometimes used to discourage consumption.
- 12. how the government plans and chooses to tax residents andspend revenue.
Down
- 1. the amount of money spent.
- 2. government spending exceeds revenue collected during for the year.
- 4. a government program that benefits individuals for reasons of age or service such as Social Security Veterans benefits or unemployment compensation.
- 5. the Federal Reserve buys and sells government bonds for the purpose of controlling the money supply and interest rates.
- 8. the system in which banks keep a portion of depositsand make loans with the rest.
- 13. a tax on earnings; wages, and dividends or capital gains.