Government & Fiscal Policy

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Across
  1. 5. Economist that supports Demand-Side Economics
  2. 6. Those who play the lottery and smokers often pay this tax
  3. 8. Economist that supports Supply-Side Economics
  4. 11. The government policy of spending more money for its programs than it is able to cover in revenue
  5. 12. A type of tax that takes a larger percentage of income from wealthy individuals.
Down
  1. 1. This tax is most unfair to the poor.
  2. 2. Also known as a "Flat Tax"
  3. 3. Will occur when the government spends more money than it collects in a fiscal year.
  4. 4. Places a "cap" or limit on government spending
  5. 7. Requires people from all income levels to pay the same amount.
  6. 9. An inheritance may require you to pay this tax
  7. 10. Will occur when government revenues exceed government expenses in a fiscal year