Fiscal Policy

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Across
  1. 1. The annual statement showing NZ's government revenue and spending plans.
  2. 4. When government revenue and spending are equal.
  3. 6. Taxes paid through purchases, like GST or tax on petrol.
  4. 8. Government benefits paid to people without getting any work in return.
  5. 10. Income tax taken directly out of a worker's pay.
  6. 11. Happens when government tax revenue is higher than spending.
Down
  1. 2. Spending more or cutting taxes to increase economic activity.
  2. 3. Happens when government spending is higher than tax revenue.
  3. 5. Spending less or raising taxes to cool down the economy.
  4. 7. The 15% tax added to most goods and services in NZ.
  5. 9. Rules and decisions made by the government about taxation and spending.