Economics Chapters 16-20

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Across
  1. 2. an income that does not change.
  2. 3. an expense.
  3. 9. a program that provides income, housing, and health insurance to individuals and families who cannot work.
  4. 11. a nonprofit organization that accepts donations.
  5. 13. a tax on certain items such as alcohol, tobacco, and gasoline.
  6. 14. a regular payment to a retired person by his or her former employer.
  7. 16. a raise in income to keep wages even with inflation.
  8. 17. a situation that occurs when people are out of work for a part of the year because of the seasonal nature of their jobs.
  9. 20. a program meant to prevent poverty; social security, workers compensation, ext.
  10. 22. a tax on the property of a person who has died.
  11. 25. a situation that occurs when people are out of work because they lack the skills or education necessary for available jobs.
  12. 27. the minimum yearly income that a family must have in order to meet its basic needs.
  13. 28. the kind of inflation caused by the rising cost of resources such as labor or oil.
Down
  1. 1. a basic economic policy that calls for noninterference by the government in business matters.
  2. 4. unable to pay debts.
  3. 5. a situation that occurs when people are out of work because of a downturn in the business cycle.
  4. 6. kind of inflation caused when consumer spending is greater than the amount of goods and services available.
  5. 7. a tax on purchases.
  6. 8. a situation that occurs when people are between jobs are looking for their first jobs.
  7. 10. a statistic used to measure inflation.
  8. 12. a financial situation in which spending is less than income or revenues.
  9. 15. a tax on inherited property or money.
  10. 18. tax dollars revived by the government.
  11. 19. the percentage of people in the labor force who are looking for work but have not found jobs.
  12. 21. the total amount of money owed by the federal government.
  13. 23. a decrease in the average price of all goods and services.
  14. 24. a financial situation in which spending is greater that income or revenues.
  15. 26. a tax which individuals pay on income above a certain amount and which corporations pay on profits.