Cost-Of-Living Crisis Vocabulary

Edit Answers
123456
Across
  1. 3. when inflation and unemployment are high, and economic growth is low.
  2. 5. a tax on excessive profits or unexpected windfalls of a particular company or sector of the economy, usually due to global disturbances like war or natural disasters.
  3. 6. a tax levied on the purchase or sale of a property.
Down
  1. 1. in economics, to reduce government spending or taxes; a reduction in government spending or a reduction in the tax rate.
  2. 2. in economics, when a government receives money to spend on public services that it has to pay back with interest at a later date.
  3. 4. economic policies that favour the richest individuals or corporations hoping that this stimulates economic growth thereby benefiting everyone else in society.