Money

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Across
  1. 5. income- a large, unexpected sum of money that a person or company receives
  2. 7. Tax- a tax imposed on the wages and salaries of employees that both the employee and employer contribute to
  3. 9. and demand- the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.
  4. 11. Check-a check for salary or wages made out to an employee.
  5. 12. Department of the Treasury- a cabinet-level department of the U.S. federal government responsible for managing federal finances, collecting taxes, paying bills, and managing currency, government accounts, and public debt
  6. 15. person who relies on another, especially a family member, for financial support.
  7. 19. benefits- non-wage compensation provided to employees in addition to their salaries or wages
  8. 21. financial gain realized when revenue exceeds expenses
  9. 23. action of inflating something or the condition of being inflated.
  10. 24. Pay- the total amount of money an employee earns before any deductions or withholdings are taken out.
  11. 27. Administering and enforcing federal tax laws: The IRS is responsible for ensuring that individuals and businesses comply with U.S. tax laws and regulations.
  12. 28. taxes- mandatory payments levied by the U.S. government on individuals and entities within its jurisdiction.
  13. 29. a form of currency.
  14. 30. tool that helps organize and locate information
  15. 31. thing that is inherited.
  16. 32. benefits- an extra benefit supplementing an employee's salary, for example, a company car, subsidized meals, health insurance, etc.
  17. 33. money received, especially on a regular basis, for work or through investments.
  18. 34. Pay- Is the amount of money an employee receives after all deductions are subtracted from their gross pay
Down
  1. 1. society- A cashless society refers to an economy where financial transactions occur without the use of physical currency like banknotes and coins
  2. 2. deductions- amounts of money withheld from an employee's gross pay (total earnings before deductions) to cover various obligations and benefits.
  3. 3. Capital- a concept used by economists to designate personal attributes considered useful in the production process
  4. 4. tax deductions-an expense or other item that can be subtracted from your taxable income, ultimately reducing your overall tax liability.
  5. 6. a decoration or embellishment.
  6. 8. taxes- levies imposed and collected by local governments, such as cities, counties, municipalities, or school districts.
  7. 10. Check stub- a document that details an employee's earnings and deductions for a specific pay period
  8. 13. income- any payment you receive for the use or occupation of property.
  9. 14. refund- a repayment from the government to a taxpayer when they've paid more in taxes than they owe.
  10. 16. obtained in return for labor or services.
  11. 17. Order- Guaranteed cash
  12. 18. taxes- taxes levied by individual state governments on individuals, businesses, or transactions that occur within their jurisdiction.
  13. 19. a device) having or operating with the aid of many small components, especially microchips and transistors, that control and direct an electric current.
  14. 20. Price- measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services
  15. 22. power- the financial ability to buy products and services.
  16. 25. fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker.
  17. 26. (goods or services) for other goods or services without using money.