Across
- 1. _______ tax is when everyone receives the same tax rate across the board
- 5. ________ reserves is the amount banks MUST keep in them.
- 6. a tax rate that increases as income increases
- 11. ______ income is what remains after taxes have been witheld
- 12. on this system people receive SNAP benefits and medical assistance as well as government assistance.
- 13. the number of districts in the FED.
- 14. happens when unemployment increases and inflation increases
Down
- 2. a tax on imports
- 3. trade _________ when the number of exports is greater than imports
- 4. sum of total goods and services produced in a country in a year
- 5. _______ GDP is adjusted for inflation.
- 7. this is a very exaggerated form of inflation. Happened in Germany in 1923.
- 8. a limit on exports
- 9. The FED can change the discount _______ to affect the money supply
- 10. trade _________ when the number of imports is greater than exports
